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  1. RBL Bank and IDFC FIRST Bank are benefiting from sector recovery and capital infusions.

IDFC Bank Reaffirms AA+ Rating for NCDs Following Capital First Merger

1 report, 1 independent Updated Thu 00:00
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What happened

Some supportReported by 1 outlet

Brickwork Ratings reaffirmed the AA+ / Stable rating for the outstanding Non-Convertible Debentures of IDFC Bank. This rating applies to long-term NCDs originally issued by Capital First Limited and Capital First Home Finance Limited before their merger with IDFC Bank. The total rated NCD amount has decreased from ₹621.00 crore to ₹406.90 crore due to scheduled redemption.

From equitybulls.com

Why it matters

Some supportBrind's analysis of the reports

The rating reaffirmation reflects IDFC Bank's audited financial performance up to FY26 and its operational growth through Q1 FY27. As of June 30, 2026, the bank's total business size reached ₹6.17 lakh crore, supported by a 17.71% year-on-year growth in customer deposits.

RBL Bank and IDFC FIRST Bank are benefiting from sector recovery and capital infusions.

From equitybulls.com

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