The Federal Bank Limited — Credit Ratings, 09-07-2026: Credit Rating- New

S&P Global Ratings assigned Federal Bank its first international issuer credit rating: 'BBB-' (Long-Term) and 'A-3' (Short-Term), with a Stable Outlook. This investment-grade status is driven by strong capitalization, improving profitability, and stable asset quality. The rating is supported by Blackstone's ~6,200 Cr investment, positioning the bank for global institutional capital access.