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S&P assigns investment-grade rating to IDFC FIRST Bank. Can it lift the stock?
S&P Global Ratings has assigned IDFC FIRST Bank an inaugural investment-grade rating of BBB- for the long term, with a Stable Outlook. The rating is expected to strengthen the lenders access to global funding markets and support international operations. S&P also highlighted strong capitalization, improving profitability, stable asset quality and funding.
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economictimes.indiatimes.com
S&P assigns investment-grade rating to IDFC FIRST Bank. Can it lift the stock?
S&P Global Ratings has assigned IDFC FIRST Bank an inaugural investment-grade rating of BBB- for the long term, with a Stable Outlook. The rating is expected to strengthen the…
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hindustantimes.com
IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings
The new ratings will enhance IDFC FIRST Bank's appeal to global investors and improve access to international funding and trade finance.
