News & Credit Rating Announcements
12 January 2021 | Country: India | Bank: IndusInd Bank Ltd
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IndusInd Bank - 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 IndusInd Bank (IIB) at 'BBB-' and 'A3', respectively. At the same time CI Ratings has affirmed IIB's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bbb+' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Negative.
Attachments
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Rating Announcement (CRA)
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Bank Rating Report (India, IndusInd Bank Ltd)
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