HDFC Bank receives ratings action from India Ratings & Research

HDFC Bank announced that India Rating and Research has assigned / affirmed credit ratings to various instruments of the Bank as under:

Instrument Type
Size of Issue
Rating / Outlook
Rating action Issuer Rating

IND AAA/Stable
AffirmedCertificate of deposit
Rs 25000 crore
IND A1+
Assigned Certificate of deposit
Rs 125000 crore
IND A1+
AffirmedFixed deposits

IND AAA/Stable
AffirmedInfrastructure bonds
Rs 20000 crore
IND AAA/Stable
AffirmedBasel III compliant Tier 2 bonds
Rs 25000 crore
IND AAA/Stable
AffirmedBasel III compliant Tier 1 bonds
Rs 15000 crore
IND AA+/Stable
Affirmed

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