S&P Assigns Investment-Grade Rating to IDFC FIRST Bank. Can It Lift the Stock?
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The Economic Times
Times of IndiaS&P assigns investment-grade rating to IDFC FIRST Bank. Can it lift the stock?
S&P Global Ratings has assigned IDFC FIRST Bank an inaugural investment-grade rating of BBB- for the long term, with a Stable Outlook. The rating is expected to strengthen the lenders access to global funding markets and support international operations. S&P also highlighted strong capitalization, improving profitability, stable asset quality and funding.
IDFC FIRST Bank Secures Its First International Rating with Investment Grade from S&P Global Ratings
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], August 14: IDFC FIRST Bank is pleased to announce that S&P Global Ratings has assigned the Bank its inaugural international investment-grade issuer credit ratings of 'BBB-' long-term and 'A-3' short-term, with a Stable Outlook. Business News | IDFC FIRST Bank Secures Its First International Rating with Investment Grade from S&P Global Ratings.
IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings - The Tribune
Mumbai, August 14, 2026: IDFC FIRST Bank is pleased to announce that S&P Global Ratings has assigned the Bank its inaugural international investment-grade issuer credit ratings of ‘BBB-’ long-term and ‘A-3’ short-term, with a Stable Outlook. Commenting on the rating,...
MUMBY, India--(BUSINESS WIRE)--IDFC FIRST Bank is pleased to announce that S&P Global Ratings has assigned the bank its first international investment-grade issuer credit rating of BBB- for the long term and A-3 for the short term, with a stable outlook. Mr. Sudhanshu Jain, CFO and Head of Corporate Centre, commented on the rating: “We are delighted to receive our first international investment-grade rating and a ‘stable’ outlook from S&P. We vi…
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