ICRA assigns LAAA rating to IDFC

New Delhi, July 12 (UNI) Credit rating agency ICRA today assigned LAAA, highest credit quality rating to Rs 25 billion long-term debt programme of Mumbai-based Infrastructure Development Finance Company Ltd (IDFC).

ICRA has also retained the LAAA rating to the outstanding Rs 53 billion long-term debt programme and A1+ rating, indicating highest credit quality rating to the Rs 13 billion short-term debt programme including commercial paper of IDFC.

UNI SBA ARB HS1856