IDBI BANK LTD. - Announcement under Regulation 30 (LODR)-Credit Rating

This is to inform that ICRA has upgraded IDBI Bank''s existing rating to ''ICRA A+'' from ''ICRA A'' for Infrastructure bonds, Flexi Bond, Senior & Lower Tier II bonds, Subordinate debt, ''ICRA A+'' from ''ICRA A(Hyb)'' for Basel III Tier II Bonds, ''ICRA A'' from ''ICRA BBB+'' for Basel II Upper Tier II bonds. Further, it has reaffirmed the short term rating on the Certificate of Deposit programme at ''ICRA A1+'' and ''MAA-'' for Fixed Deposit programme. At the same time, the outlook for the Bank has been kept unchanged as ''Stable''. The rationale for ratings<BR> is attached herewith. <BR> <BR> You are requested to kindly take the above intimation on record in terms of the provisions of Regulations 30 & 51 of SEBI (LODR) Regulations, 2015.