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S&P Global affirms ICICI Bank’s long-term, short-term ratings

19 Jun 2021 Evaluate

Credit rating agency -- S&P Global Ratings has affirmed ICICI Bank’s long-term rating at 'BBB-' and short-term issuer credit rating at 'A-3’. Credit rating agency has revised the rating outlook on ICICI Bank to stable from negative on grounds that the lender will benefit from the sale of stake in subsidiaries.

ICICI Bank is a leading private sector bank in India.

Peers
Company Name CMP
HDFC Bank 690.10
ICICI Bank 1377.20
Axis Bank 1203.60
Kotak Mahindra Bank 457.55
Indusind Bank 835.05
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