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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.
Moody's affirms SBI's Baa3 deposit ratings, downgrades standalone profile to ba2 from ba1

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