ScoutQuest1 Oct 2026
IDFC First Bank539437Credit rating maintained/reaffirmed

Ind-Ra affirms IND AA+/Stable on Rs 17,520 crore debt instruments and withdraws Rs 408 crore NCD rating; CareEdge reaffirms CARE AA+/Stable

IND AA+; CARE AA+Reaffirmed · India Ratings and Research (Ind-Ra); CARE Ratings
Reaffirmed by India Ratings and Research (Ind-Ra); CARE Ratings · IND AA+; CARE AA+ · outlook Stable.
Ind-Ra Rating
IND AA+/Stable affirmed (unchanged from IND AA+/Stable)
NCD Rating Withdrawn
withdrew the rating on fully redeemed NCDs of Rs 408 crore
CareEdge Rating
CARE AA+/Stable reaffirmed
Long-term Bank Facilities Rated
Rs 692.38 crore
Long-term Debt Instruments Rated
Rs 248.10 crore

Ind-Ra affirms IND AA+/Stable on Rs 17,520 crore debt instruments and withdraws Rs 408 crore NCD rating; CareEdge reaffirms CARE AA+/Stable.

Previous rating date (Ind-Ra history)
CareEdge press release date
Previous rating date (Ind-Ra history) 9 Dec 2025 · CareEdge press release date 29 Sep 2026
More numbers
  • Debt instruments (Basel III Tier II + infrastructure bonds) rated by Ind-Ra₹ 17,520 crore
  • Matured non-convertible debentures - rating withdrawn₹ 408 crore
  • CARE long-term bank facilities₹ 692.38 crore
  • CARE long-term debt instruments₹ 248.10 crore
  • Gross NPA (Q1FY27)1.51%
  • Net NPA (Q1FY27)0.44%
  • CASA ratio as on June 30, 202650.82%
  • Total capital adequacy ratio as on June 30, 202615.05%
  • CET-1 ratio as on June 30, 202613.33%
  • Total advances as on June 30, 2026₹3,05,370 crore
  • Total deposits as on June 30, 2026₹3,11,892 crore
Source: BSE · 1 Oct 2026

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