IDBI Bank – Ratings Upgraded

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating of IDBI Bank to 'bb+' from 'bb' and revised the Outlook for the Long-Term Foreign Currency Rating (LT FCR) to Positive from Stable. At the same time, CI Ratings has affirmed the Bank's LT FCR and Short-Term Foreign Currency Rating (ST FCR) of 'BBB-' and A3, respectively, and the Extraordinary Support Level (ESL) of High. The Outlook for the BSR remains Stable.

Attachments

• Rating Announcement (CRA)
  PDF Download Available
  
• Bank Rating Report (India, IDBI Bank)
  Purchase Available - View price list