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IndusInd Bank’s Credit Ratings Affirmed by CRISIL with Negative Outlook

Story Highlights
  • IndusInd Bank’s credit ratings were reaffirmed at ‘CRISIL AA+’ with a negative outlook.
  • The removal of the rating watch with negative implications reflects the bank’s financial standing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IndusInd Bank’s Credit Ratings Affirmed by CRISIL with Negative Outlook

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An announcement from IndusInd Bank Ltd. ( (IN:INDUSINDBK) ) is now available.

IndusInd Bank Limited announced that CRISIL Ratings Limited has reaffirmed the credit ratings on its debt instruments at ‘CRISIL AA+’ with a negative outlook, while removing the rating watch with negative implications. This development reflects the bank’s current financial standing and may influence stakeholder perceptions and market positioning, particularly in terms of its debt instruments and overall creditworthiness.

More about IndusInd Bank Ltd.

IndusInd Bank Limited operates in the financial services industry, primarily offering banking and financial solutions. The company focuses on providing a wide range of banking products and services to individuals and businesses, with a market presence in India and listings on multiple stock exchanges, including the National Stock Exchange of India, BSE Limited, and Luxembourg Stock Exchange.

Average Trading Volume: 185,507

Technical Sentiment Signal: Strong Sell

Current Market Cap: 592B INR

For detailed information about INDUSINDBK stock, go to TipRanks’ Stock Analysis page.

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