ICRA reaffirms rating of IDFC First Bank Ltd

ICRA Limited ('ICRA') have re-affirmed the existing rating ('[ICRA] AA / Stable') of IDFC FIRST Bank Limited in respect of its NonConvertible Debentures ("NCDs") amounting to Rs. 25,813.70 crore. ICRA has also withdrawn the rating outstanding on the matured NCDs amounting to Rs. 1,878.14 crore as these are fully redeemed and no amount is outstanding against the same.

Shares of IDFC First Bank Limited was last trading in BSE at Rs. 32.00 as compared to the previous close of Rs. 32.05. The total number of shares traded during the day was 2445369 in over 3821 trades.

The stock hit an intraday high of Rs. 32.20 and intraday low of 31.65. The net turnover during the day was Rs. 78078803.00.

Source : Equity Bulls

Keywords

IDFCFirstBank INE092T01019 RatingUpdate NCDs