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IndusInd Bank receives affirmation in credit rating from Moody's
(15:03, 18 Mar 2025)

IndusInd Bank announced that Moody's Investors Service have reaffirmed the credit rating on the Bank as mentioned below:

Type 

Rating (Outlook)

Rating Action 

Long-term (LT) and Short-term (ST) foreign and local currency (LC) bank deposits and issuer ratings as well as Counterparty Risk Ratings (CRRs)

Ba1/NP (Stable) 

Affirmed

Senior unsecured medium-term note program

(P)Ba1 (Stable)

Affirmed

LT and ST Counterparty Risk (CR) Assessments

Ba1(cr)/NP(cr) (Stable)

Affirmed

Moody's has placed IndusInd's Ba1 Baseline Credit Assessment (BCA) and adjusted BCA under review for downgrade.

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