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IDBI Bank Ltd.

BSE: 500116 Sector: Financials
NSE: IDBI ISIN Code: INE008A01015
BSE 00:00 | 24 Apr 2020 IDBI Bank Ltd
NSE 05:30 | 01 Jan 1970 IDBI Bank Ltd

Announcement under Regulation 30 (LODR)-Credit Rating

April 1, 2020, 5:23 pm | Source: BSE

This is to inform that Fitch Ratings has released Ratings on April 01 2020wherein it has affirmed the Banks existing Long Term Issuer Default Rating at BB+ with revised outlook of Negative from Stable. The Support Rating Floor and Viability Rating of the Bank has been kept unchanged. Their rationale for rating is attached herewith.

You are requested to kindly take the above intimation on record in terms of the provisions of Regulations 30 & 51 of SEBI (LODR) Regulations 2015.