State Bank of India - Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of State Bank of India (SBI) at 'BBB-' and 'A3', respectively. At the same time CI Ratings has affirmed SBI's Bank Standalone Rating (BSR) of 'bb', Core Financial Strength (CFS) rating of 'bb' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Negative.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (India, State Bank of India)
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