IDFC First Bank announced that India Ratings Research Ind-Ra has enhanced the rated amount of Basel III Tier 2 Debt Instruments Bonds of IDFC FIRST Bank from Rs 2000 crore to Rs 5000 crore Ind-Ra has assigned IND AANegative ratingoutlook to the additional Tier 2 Bonds Rs 3000 crore while re-affirming the ratingoutlook of Rs 2000 crore Basel III Tier 2 Bonds Further Ind-Ra has also re-affirmed the ratingoutlook of other debt instruments Infra Bonds and NCDs at IND AANegative
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