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IDFC First Bank receives affirmation in credit ratings from CRISIL

IDFC First Bank receives affirmation in credit ratings from CRISIL

June 30, 2022 2:19 IST | capital market
IDFC First Bank announced that CRISIL has re-affirmed its CRISIL AA / Stable rating on the existing Tier II Bonds (Under Basel III) of IDFC FIRST Bank amounting to Rs. 5,000 crore, and have also re-affirmed CRISIL A1+ rating on the Banks existing Certificate of Deposits amounting to Rs. 45,000 crore. CRISIL has also re-affirmed and withdrawn its FAAA/Stable rating on the fixed deposit programme of the Bank at the request of the Bank. Powered by Capital Market - Live News

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