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State Bank of India receives affirmation in credit ratings

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Last Updated : Jun 22 2024 | 11:32 AM IST

From India Ratings and Research

India Ratings and Research (Ind-Ra) has taken the following rating actions on State Bank of India (SBI) and its debt instruments:

Long term issuer rating - IND AAA/ Stable (affirmed)

Long term bonds (yet to be issued) - IND AAA/ Stable (assigned)

Basel III Tier I bonds, Basel III AT1 bonds, Infrastructure bonds and Certificate of deposit - IND AAA/ Stable (affirmed)

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First Published: Jun 22 2024 | 11:15 AM IST

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