CARE withdraws rating on IDFC First Bank Limited — 30 Sep 2026
CARE withdrew its rating on IDFC First Bank Limited on 2026-09-30, moving the rating from AA+ to AA+ with a Stable outlook. 1 bond on file is tied to this entity, 4 other rating actions on record between 2026-09-30 and 2026-10-16.
As filed with NSE: “Withdrawn, CARE AA+ (earlier CARE AA+)”
| Entity (company that filed) | IDFC First Bank Limited · issuer page |
| Action | Withdrawal |
| Previous rating | AA+ |
| New rating | AA+ |
| Outlook | Stable |
| Action date | 2026-09-30 |
| Agency | CARE |
| Source | The company’s credit rating disclosure to NSE ↗ (SEBI LODR Reg 52(4)). The action type is as the company reported it. |
| Bond | Coupon | Maturity |
|---|---|---|
| IDFC First Bank 10.50% Perpetual NCD | 10.50% | 9999-12-31 |
| Date | Agency | Action | Rating |
|---|---|---|---|
| 2026-10-16 | CRISIL | Reaffirm | — |
| 2026-10-07 | Brickwork | Reaffirm | AA+ → AA+ |
| 2026-09-30 | CARE | Reaffirm | AA+ → AA+ |
| 2026-09-30 | India Ratings | Reaffirm | AA+ → AA+ |
About this page: This page restates a rating action by CARE, a SEBI-registered credit rating agency, as the company disclosed it to NSE under SEBI LODR Reg 52(4); the action type and ratings are as filed. The rating and any outlook are the agency's opinion, not RetailBonds.in's, and nothing here is investment advice or a view on what the action means for any investor. Refer to the agency's own rationale document for the full reasoning. See our methodology and full disclaimer.