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IDBI Bank rating News

24 Jan 2019

Moody's upgrades IDBI Bank's rating by a notch on LIC takover

The upgrade follows the Life Insurance Corporation acquiring 51 percent stake in the crippled lender which has around 32 percent of its assets as dud loans, thereby, improving its solvency.

08 Jan 2019

S&P affirms IDBI Bank rating; LIC capital infusion to accelerate write-offs

The rating agency has removed IDBI Bank's ratings from 'CreditWatch', where they were placed with negative implications on August 17, 2018.

Moody's Investors Service

25 May 2017

Moody's downgrades IDBI; bank says govt support continues

Moody's Investors Service on Thursday downgraded state-owned IDBI Bank's rating citing asset quality concerns and extremely weak capitalisation.

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