Finance Moody's affirms SBI's Baa3 deposit ratings, downgrades standalone profile to ba2 from ba1 Updated : August 25, 2020 06:40 PM IST Moody's Investors Service has affirmed the long-term local and foreign currency deposit ratings of State Bank of India (SBI) at Baa3. The deposit ratings of SBI are at the same level as India's Baa3 sovereign rating. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.