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 credit rating to the Tier-II Bonds and Infrastructure Bonds of the Bank as details enclosed. Detailed rating rationale for the aforesaid re-affirmation of Credit Ratings is also enclosed.
The above information is a part of company’s filings submitted to BSE.