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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