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Federal Bank receives ratings action from CARE

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Last Updated : Aug 06 2024 | 11:51 AM IST
Federal Bank has received credit ratings from CARE Ratings as under:

Issuer rating - CARE AA+; Stable (assigned)
Tier II Bonds (Rs 500 crore) - CARE AA+; Stable (reaffirmed)
Tier II Bonds (Rs 500 crore) - CARE AA+; Stable (reaffirmed)
Tier II Bonds (Rs 1,000 crore) - CARE AA+; Stable (reaffirmed)

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First Published: Aug 06 2024 | 11:32 AM IST

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