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IDBI Bank
BSE: 500116NSE: IDBIISIN: INE008A01015

1st-Apr-2020 17:23Source: BSE

IDBI Bank - Announcement under Regulation 30 (LODR)-Credit Rating

This is to inform that Fitch Ratings has released Ratings on April 01, 2020,wherein it has affirmed the Bank''''s 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.

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