SMFG India Credit (SMICC), a wholly-owned subsidiary of Sumitomo Mitsui Financial Group (SMFG), has been awarded an international credit rating of “AA-” with a stable outlook by the Japan Credit Rating Agency (JCR). This exceptional outcome places SMICC four notches above India’s sovereign rating and only one notch below its …
Read More »CRISIL has Assigned AAA Rating to IDFC FIRST Bank
As per the Regulation 30 of the SEBI Listing Regulations CRISIL Ratings Limited has assigned CRISIL AAA/ Stable rating to INR 1,60,000 crore Fixed Deposits of IDFC FIRST Bank. Further CRISIL has reaffirmed CRISIL AA+ / Stable rating and CRISIL A1+ rating to the Tier II bonds (under Basel III) …
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