S&P Global Ratings assigns IDFC First Bank investment grade rating
· thehindubusinessline.com
The rating agency observed that regular capital raisings, improved profitability, and a low dividend payout should support IDFC First Bank’s capitalization
S&P Global Ratings has assigned ‘BBB-’ long-term and ‘A-3’ short-term issuer credit ratings to IDFC First Bank. The outlook on the long-term rating is s...