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IDFC First Bank receives revision in credit ratings from CARE

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Capital Market
IDFC First Bank announced that CARE Ratings have revised the rating of Bank's Long-Term Debt Instruments (Long-Term Bank Loan facilities and Non-Convertible Debentures) from CARE AA+ (Negative) to CARE AA (Stable). Further, the rating of Short-term Debt Instruments is withdrawn due to NIL outstanding.

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First Published: Oct 09 2020 | 3:19 PM IST

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