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IDFC First Bank receives credit ratings for FD programme

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Capital Market

From CRISIL

IDFC First Bank announced that CRISIL has assigned 'FAAA/Stable' rating to the Bank's Fixed Deposit Program of Rs 50,000 crore.

Further, CRISIL have also re-affirmed the Credit Rating of the Bank's existing Tier II Bonds (Under Basel III) of Rs 2,000 crore at 'CRISIL AA/Stable' & its Certificate of Deposits of Rs 45,000 crore at 'CRISIL A1+' respectively.

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First Published: Apr 10 2020 | 12:27 PM IST

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