IDBI Bank receives ratings action from India Ratings & Research | Capital Market News

IDBI Bank receives ratings action from India Ratings & Research | Capital Market News

IDBI Bank announced that India Ratings & Research has assigned IDBI Bank’s Certificates of Deposits ‘IND A1+’ rating and affirmed existing ratings for other debt instruments as under:

Basel III compliant bonds ( Rs 2000 crore) – IND AA-; Stable (affirmed) Omni infrastructure bonds (Rs 8000 crore) – IND AA-; Stable (affirmed) Basel III compliant tier II bonds (Rs 3000 crore) – IND AA-; Stable (affirmed) Fixed deposits – IND AA-; Stable (affirmed) Senior debt (Rs 3631 crore) – IND AA-; Stable (affirmed) Certificate of deposits (Rs 16000 crore) – IND A1+ (affirmed) Certificate of deposits (Rs 19000 crore) – IND A1+ (assigned) Powered by Capital Market – Live News Click here to follow our…
Read More…

Source: https://www.business-standard.com/amp/markets/capital-market-news/idbi-bank-receives-ratings-action-from-india-ratings-research-124031600238_1.html