IndusInd Bank announced that Moody’s Investors Service has reaffirmed the Credit Ratings of the Bank as mentioned below:
Long-term (LT) and Short-term (ST) foreign and local currency bank deposit and issuer ratings as well as Counterparty Risk Ratings
(CRRs) – Ba1/NP (Stable)
Senior unsecured medium-term note program – (P)Ba1 (Stable)
LT and ST Counterparty Risk (CR) Assessments – Ba1(cr)/NP(cr) (Stable)
Moody’s has upgraded the bank’s Baseline Credit Assessment (BCA) and Adjusted BCA to ba1 from ba2.
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First Published: Jul 19 2024 | 7:14 PM IST
