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The Federal Bank informs about re-affirmation and assignment of credit rating

22 Oct 2024 Evaluate
Pursuant to Regulation 30 of the Listing Regulations, The Federal Bank has informed that CARE Ratings has re-affirmed the issuer rating and re-affirmed/assigned credit rating to the Tier-II Bonds and Infrastructure Bonds of the Bank as details enclosed. Detailed rating rationale for the aforesaid re-affirmation and assignment of Credit Ratings is also enclosed.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
HDFC Bank 692.70
ICICI Bank 1352.90
Axis Bank 1251.40
Kotak Mahindra Bank 437.75
Indusind Bank 865.55
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