Credit Ratings
Credit Rating
IDBI Bank LimitedIDBI · Filed with the exchange
ICRA has reaffirmed IDBI Bank's long-term debt instruments at `[ICRA]AA` with a Stable outlook, and its certificate of deposit programme at `[ICRA]A1+`. This reflects the bank's improving core operating profitability, strong capitalisation, and continued recoveries from legacy stressed assets.
Strong deposit base and manageable credit costs also supported the reaffirmation.
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