News & Credit Rating Announcements
23 January 2017 | Country: India | Bank: State Bank of India Group
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State Bank of India - FSR Reduced; Other Ratings Affirmed
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has reduced the Financial Strength Rating (FSR) of State Bank of India (SBI) to 'BB+' from 'BBB-' in view of the Bank's weakened asset quality.
Attachments
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Credit Rating Announcement (CRA)
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Bank Rating Report (India, State Bank of India Group)
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