The Federal Bank Limited — Bonds & AA+ (CARE) Rating on senior bonds
Bank · Financial Services
Verify this issuer →- Current ratings India Ratings AA+, CARE AA+
- Rating range All current ratings on senior bonds are AA+ (CARE 7 Oct 2026, India Ratings 21 Sep 2026). All current ratings on Tier II / subordinated bonds are AA+ (CARE 7 Oct 2026, India Ratings 21 Sep 2026)
- Rating direction, 12 months 0 upgrades, 0 downgrades
- Watch / negative outlook None in 12 months
- Issuer not cooperating No such actions in 12 months
- Rating withdrawn, 12 months No withdrawal of this issuer's rating in 12 months
- Newest agency rating Dated 7 Oct 2026
- Payment record No payment disclosures since 17 Jul 2026
- Defaults on record No bond marked defaulted
- Traded in the last 30 days 0 of 3 active bonds had an exchange trade
- Exchange filings, 90 days 0 filings on NSE/BSE
A checklist of published facts, not a rating or a view on credit quality. Ratings are the agencies' own; payment record covers NSE disclosures since 17 Jul 2026; "late" means paid more than 3 days after the due date (next-working-day payments are allowed). Rating range covers every current rating on the issuer's active bonds, with each agency's rating date. Rating actions count only when the agency's heading names this issuer, not pools or trusts it originated; a withdrawal is flagged only when the issuer's rating itself is withdrawn, not a single facility. Rating age uses the newest rating date on file and is flagged when older than 12 months. See methodology.
- 3 active bonds tracked from this issuer.
- 0 of 3 tracked bonds with a stated security status are secured. (based on 3 bonds with a disclosed security status)
- Most recent rating action: reaffirm by CARE on 7 Oct 2026.
The Federal Bank Limited is a bank or financial institution in the Financial Services sector. Coupon rates on outstanding bonds range from 7.76% - 8.84%, paid annually. Bonds mature between 2032 - 2034.
Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.
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Maturity Profile
Active bonds maturing, by year. Bar height relative to the tallest year (1 bond).
Security Type / Instrument Mix
- NCD 3 bonds · 100% · ₹3,200 Cr tracked
Funding Evolution
Based on 3 of 3 active bonds with a known issue date and issue size.
- AA 3 bonds · 100%
| Agency | Rating | Outlook | Bonds |
|---|---|---|---|
| CARE | AA+ | — | 3 |
| India Ratings | AA+ | — | 3 |
Rating History (Trend)
Recent Rating Actions
| ISIN | Bond Name | Coupon | Rating | Maturity | YTM | Last Trade | Details |
|---|---|---|---|---|---|---|---|
| INE171A08032 | The Federal Bank 8.20% Jan 2032 NCD | 8.20% | AA+ (CARE) | 2032-01-20 | — | — | |
| INE171A08040 | The Federal Bank 8.84% Mar 2033 NCD | 8.84% | AA+ (CARE) | 2033-03-29 | — | — | |
| INE171A08057 | The Federal Bank 7.76% Nov 2034 NCD | 7.76% | AA+ (CARE) | 2034-11-12 | — | — |
YTM is the market yield from the latest BSE/NSE trade. It shows “—” when that trade is over 30 days old, the bond is under 30 days from maturity, it is a market-linked debenture, or the price failed our checks (hover the dash for the reason). A coupon is never shown as a yield.
No recorded secondary-market trades in the last 30 days.
| Dataset | Count | Freshness |
|---|---|---|
| Credit Ratings (current) | 6 | 2026-10-07 |
| Rating Actions History | 2 | 2026-10-07 |
| Secondary-Market Trades | 0 | — |
| Reg52(4) Payment Disclosures | 0 | — |
Methodology version 1.0. See full methodology for sources and limitations.
Related Issuers
All issuers →How many active bonds does The Federal Bank Limited have?
The Federal Bank Limited currently has 3 active bonds with coupons of 7.76% - 8.84%, maturities spanning 2032 - 2034.
What is The Federal Bank Limited's credit rating?
The most common current rating on The Federal Bank Limited's senior bonds is AA+ (CARE). Ratings on file come from CARE, India Ratings. Other instrument classes: Tier II / subordinated: AA+ (CARE).
Are The Federal Bank Limited's bonds secured?
Of the 3 bonds with a disclosed security status, 0 are secured (0%) and 3 are unsecured.
When do The Federal Bank Limited's bonds mature?
The Federal Bank Limited's active bonds mature between 2032 - 2034; the nearest matures in Jan 2032; the average tenure is 6.5 Yrs.
What is the average coupon on The Federal Bank Limited's bonds?
The average coupon across The Federal Bank Limited's 3 active bonds is 8.27%.
Disclaimer: This page aggregates publicly available data about The Federal Bank Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.