Fitch upgrades IDBI Bank's viability rating

IDBI Bank announced that Fitch Ratings has affirmed IDBI Bank's (IDBI) Long-Term Issuer Default Rating (IDR) at 'BB+'. The Outlook is Negative. The agency has also upgraded the bank's Viability Rating (VR) by one-notch to 'ccc+' from 'ccc', and affirmed the Support Rating Floor (SRF) at 'BB+' and Support Rating (SR) at '3'.

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