MoneyWorks4Me

CARE upgrades IDBI Bank's rating for Basel III Compliant Tier II Bonds

06 Dec 2023 Evaluate

Credit rating agency -- CARE has upgraded IDBI Bank's (IDBI) rating from ‘A+’ to ‘AA-’and revised outlook from ‘Positive’ to ‘Stable’ for Basel III Compliant Tier II Bonds and reaffirmed ‘A1+’ rating for Certificate of Deposits. 

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.


IDBI Bank Share Price

90.86 -1.78 (-1.92%)
31-Aug-2026 16:59 View Price Chart
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Company Name CMP
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About MoneyWorks4Me

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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