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 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…

The new ratings will enhance IDFC FIRST Bank's appeal to global investors and improve access to international funding and trade finance.