IDBI Bank ratings reaffirmed, bonds worth ₹21,727cr withdrawn

CRISIL Ratings reaffirmed IDBI Bank Limited's long-term debt instruments at 'Crisil AA+/Crisil AA/Stable' and short-term certificate of deposit program at 'Crisil A1+', citing improved asset quality, profitability and strong capitalization.

The agency withdrew ratings on Lower Tier-II Bonds worth ₹7,904 crores, Omni Bonds of ₹11,823 crores, and Tier II Bonds of ₹2,000 crores due to redemption or at the company's request.

IDBI Bank maintained strong capitalization with Tier I CAR of 23.7% and overall CAR of 25.4% as of June 30, 2025.