IDFC Update by Epic Research

IDFC’s Long-Term Issuer Default Rating (IDR) at ‘BBB-’. The Outlook is Stable. The affirmation of the company’s IDR with a Stable Outlook is driven by its stand-alone credit strength and the expectation that this is unlikely to change in the near- to medium-term even though IDFC is building its banking business after receiving an in-principle banking license in April 2014.



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Posted in: Indian Market Tips