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The Economic Times

Moody's affirms SBI, HDFC Bank ratings on strong asset quality

HDFC Bank SBI Moody State Bank of India Moody Ratings

Moody's Ratings on Tuesday affirmed the ratings of State Bank of India (SBI) and HDFC Bank, with a stable outlook, on strong asset quality.

In two separate statements, Moody's Ratings said it has affirmed 'Baa3' long-term deposit ratings and 'baa3' Baseline Credit Assessment (BCA) and adjusted BCA of state-owned SBI and private sector HDFC Bank.

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