IDFC FIRST Bank Merger Performance and Strategy Update

Section 9: Credit Rating Bank's Long Term Credit Rating has been recently upgraded by CRISIL and ICRA Rating Agency CRISIL Long Term Credit Rating Month of Rating Review AA (stable) to AA+ (stable) June '23 ICRA AA (stable) to AA+ (stable) May '23 India Ratings AA+ (negative) to AA+ (stable) Dec' 22 61 IDFC FIRST Bank

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