IDBI Bank has informed that CARE has revised IDBI's rating outlook to ‘Positive’ from ‘Stable’ while reaffirming the existing rating of ‘CARE A+’ for Basel III Compliant Tier II Bonds and ‘CARE A1 +’ for Certificate of Deposits. The detailed report (press release) is attached.
The above information is a part of company’s filings submitted to BSE.