IDFC First Bank receives confirmation in credit rating | Techy Kings

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From CRISIL

IDFC First Bank announced that CRISIL Ratings (CRISIL) has reaffirmed its ‘CRISIL AA’ rating on IDFC FIRST Bank’s (Bank) Rs 5,000 crore Tier II Bonds (Under Basel III) and revised the outlook from ‘Stable’ to ‘Positive’.

CRISIL has also reaffirmed the ‘CRISIL A1+’ rating on the Bank’s existing Certificates of Deposit amounting to Rs 45,000 crore.

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(This story has not been edited by Business Standard staff and is automatically generated from a syndicated feed.)



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First Published: Tue, 01 Nov 2022. 20:33 IST


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