Credit rating agency, CRISIL has reaffirmed ratings assigned to ICICI Bank’s debt instruments at ‘AAA/Stable’. The ratings on ICICI Bank’s debt instruments continue to reflect the bank’s healthy capitalisation, strong market position and comfortable resource profile.
ICICI Bank is India’s largest private sector bank by consolidated assets. The bank’s consolidated total assets stood at $165 billion at December 31, 2017. ICICI Bank’s subsidiaries include India’s leading private sector insurance, asset management and securities brokerage companies, and among the country’s largest private equity firms. It is present across 17 countries, including India.
