Credit rating agency India Ratings & Research (Ind-Ra) has assigned 'AA+/ Negative' Rating/ Outlook in respect of IDFC First Bank's 'Basel III - Tier 2 Bonds' of Rs 2000 crore (Size of Issue) and has affirmed existing ratings (AA+/ Negative) in respect of bank's other senior debt instruments (Infra Bonds & NCDs).
IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.