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IDBI Bank informs about revision in rating

20 Dec 2022 Evaluate

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.

Peers
Company Name CMP
HDFC Bank 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
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