IDFC First Bank has informed that ‘India Ratings & Research’ (Ind-Ra) has re-affirmed the rating/outlook of Bank’s Debt instruments (Basel III Tier 2 Bonds, Infrastructure Bonds and Non-Convertible Debt Instruments) amounting to ? 17,928 crore at ‘IND AA+/Stable’. A detailed Rating Rationale for the above is enclosed.
The above information is a part of company’s filings submitted to BSE.