Mumbai, May 16 -- IDFC First Bank announced that that ICRA has re-affirmed rating/outlook of Bank's Debt instruments (Basel III Tier II Bonds and Infrastructure Bonds) amounting to Rs 12,520 crore at ICRA AA+/Stable.

Further, ICRA has also withdrawn the rating outstanding on the matured non-convertible debentures (NCDs), amounting to Rs 3,883.70 crore, as these have been fully redeemed and no amount is outstanding

against the same.

Published by HT Digital Content Services with permission from Capital Market....