Global rating agency, Moody's has assigned a Baa3 rating to IndusInd Bank and has kept the outlook stable citing strong profitability and healthy asset quality. The agency has assigned a long-term local and foreign currency bank deposit and issuer rating of Baa3 to the lender. The bank’s baseline credit assessment (BCA) and adjusted BCA have been assigned a rating of ba1.
IndusInd Bank is as one of the fastest-growing banks in the banking sector in India.
