Kochi: Federal Bank today announced that S&P Global Ratings has assigned the Bank its inaugural international issuer credit ratings of BBB-/Stable for the long-term and A-3 for the short-term.
The assignment of the BBB- long-term issuer credit rating places Federal Bank in the global investment-grade category and marks an important milestone in the Bank’s evolution. It is the first international issuer credit rating assigned to the Bank by S&P Global Ratings.
The rating reflects an independent assessment of Federal Bank’s credit profile and underscores the strength of its franchise, disciplined risk management, sound capitalisation, diversified funding profile, liquidity position and consistent financial performance.
As one of India’s leading private sector banks, Federal Bank has, over the years, strengthened its balance sheet, enhanced the quality of its liabilities, maintained healthy capital buffers, improved profitability and continued to invest in technology and customer experience. The investment-grade rating reflects the progress the Bank has made in building a resilient and sustainable banking franchise.
The rating is expected to further strengthen Federal Bank’s visibility among global investors and international financial institutions, while reinforcing confidence among customers, counterparties and other stakeholders.
Commenting on the rating, Mr. KVS Manian, Managing Director & CEO, Federal Bank, said:
“Our inaugural international investment-grade issuer rating from S&P Global Ratings is an important milestone for Federal Bank. It reflects the strength of our franchise, the resilience of our business model and the disciplined approach we have adopted towards growth, risk management and governance.
This recognition comes at a defining phase in the Bank’s journey as we continue to build a future-ready institution with a sharp focus on customer excellence, sustainable growth and long-term value creation. We remain committed to maintaining strong financial fundamentals while pursuing growth opportunities across our chosen segments”
International Issuer Credit Ratings Assigned by S&P Global Ratings
| Rating | Outlook |
| Long-Term Issuer Credit Rating | BBB- / Stable |
| Short-Term Issuer Credit Rating | A-3 |
M V S Murthy
Chief Marketing Officer
About Federal Bank
Federal Bank (NSE: FEDERALBNK) is one of India’s leading private sector banks, with a legacy spanning nine decades and a clear focus on long-term value creation. As on 31st March 2026, the Bank’s total business mix (deposits and advances) stood at ₹5.78 lakh crore.
With a strong nationwide presence of over 1,600 banking outlets complemented by robust digital capabilities, Federal Bank serves millions of customers through an integrated physical and digital network. The Bank maintains an international connect through its Representative Offices in Dubai and Abu Dhabi, which serve as key touchpoints for Non-Resident Indian customers in the UAE. It also operates an IFSC Banking Unit (IBU) at GIFT City, becoming part of India’s evolving global financial ecosystem.
Anchored in its core values of trust, prudence, and customer centricity, Federal Bank continues to evolve through disciplined execution and a clear, contemporary approach to banking.
