IFB's Ratings -

Long term loan (Rs 30 crore) IND A+; Outlook Stable (assigned)
Fund based limits (Rs 35 crore) IND A+/ Stable and IND A1+/ Stable (upgraded from IND A and IND A1)
Non-fund based limits (Rs 90 crore) IND A1+ (upgraded from IND A1)
Letter of Credit (Rs 31 crore) IND A+ (upgraded from IND A); Outlook Stable