IDBI Bank gets affirmation in long term issuer ratings from S&P

IDBI Bank announced that S&P Global Ratings has vide their bulletin dated 15 November 2018 affirmed ''BB'' long term and ''B'' short term issuer credit ratings on IDBI Bank to remain on credit watch with negative implications due to uncertainty regarding the Bank's ability to meet its capital requirements in the near term as timing of LIC deal is still uncertain.

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