Federal Bank receives ratings action from CARE

Issuer rating - CARE AA+; Stable (assigned)

Tier II Bonds (Rs 500 crore) - CARE AA+; Stable (reaffirmed)

Tier II Bonds (Rs 500 crore) - CARE AA+; Stable (reaffirmed)

Tier II Bonds (Rs 1,000 crore) - CARE AA+; Stable (reaffirmed)