IDFC First Bank Ltd announced reaffirmations and withdrawals of ratings across multiple instruments and agencies, including India Ratings and Research, CareEdge Ratings, and CARE Ratings Ltd. India Ratings and Research affirmed the IND AA+ / Stable rating on Rs 17,520 crore of Basel III Tier II Bonds and Infrastructure Bonds, as well as reaffirmed the rating on bonds and Tier 2 Debt; they also affirmed ratings on Infrastructure bonds, Basel III Tier 2 debt, and Non-convertible debentures (INE092T08014, 2.00% WO January 2026, INE092T08EZ3, February 2032, and INE092T08FA3, February 2032). CareEdge Ratings reaffirmed the CARE AA+ / Stable rating on long-term bank facilities amounting to Rs 692.38 crore and long-term debt instruments of Rs 248.10 crore, while CARE Ratings Ltd reaffirmed the CARE AA+; Stable rating on long-term bank facilities of Rs 692.38 crore and long-term instruments of Rs 248.10 crore, and withdrew ratings on several Non-convertible Debentures (INE688I08053, INE688I08178, INE688I08186, and INE688I08087) and Borrowings -Secured Long-Term Borrowings.
