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CI - Capital Intelligence (Cyprus) Limited

11/26/2021 | Press release | Distributed by Public on 11/26/2021 03:23

State Bank of India - Ratings Affirmed; Outlook Revised to Stable from Negative

26 November 2021 | Country: India | Bank: State Bank of India

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) of State Bank of India (SBI) to Stable from Negative. At the same time, CI Ratings has affirmed SBI's LT FCR and Short-Term Foreign Currency Rating (ST FCR) at 'BBB-' and 'A3', respectively. SBI's Bank Standalone Rating (BSR) of 'bb', Core Financial Strength (CFS) rating of 'bb' and Extraordinary Support Level (ESL) of High have also been affirmed.

Attachments

  • Rating Announcement (CRA)
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