Credit rating agency -- CRISIL has assigned ‘FAAA/Stable' rating to the IDFC First Bank’s Fixed Deposit Program of Rs 50,000 crore. Further, CRISIL has re-affirmed the Credit Rating of the Bank’s existing Tier II Bonds (Under Basel III) of Rs 2,000 crore at ‘AA/Stable’ & its Certificate of Deposits of Rs 45,000 crore at ‘A1+’ respectively.
IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.