MoneyWorks4Me

ICRA revises rating of IDFC Bank’s NCDs

19 Nov 2018 Evaluate

Credit rating agency, ICRA has revised IDFC Bank’s rating for Non-convertible Debentures (NCDs) from ‘AAA’ (Stable) to ‘AA+’ (Stable). This revision reflects ICRA's expectations that the bank's profitability, even after the proposed merger with Capital First, would remain subdued in the near to medium term.

IDFC Bank is a universal bank, offering financial solutions through its nationwide branches, internet and mobile.

IDFC First Bank Share Price

85.60 -0.90 (-1.04%)
14-Aug-2026 16:59 View Price Chart
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HDFC Bank 727.35
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Axis Bank 1217.40
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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