IDFC First Bank Ltd - 539437 - Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform that 'India Ratings & Research' ('Ind-Ra') has revised the Outlook on IDFC FIRST Bank Limited's debt instruments (Basel III Tier 2 Bonds, Infrastructure Bonds and Non-Convertible Debt Instruments) to 'Stable' from 'Negative' while re-affirming the ratings at 'IND AA+'. A detailed Rating Rationale for the above is attached herewith.12-12-2022