State Bank of India – Ratings Affirmed with a Positive Outlook

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 also 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 is Positive and the Outlook for the BSR is Stable.

Attachments

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