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Moody's puts debt ratings of SBI, ICICI, 9 others under watch

Mumbai, Jun 3: Global credit rating agency Moody's today said it has placed some debt ratings of 11 banks, including SBI, ICICI, HDFC Bank and Axis Bank, under review because of the updating of its

PTI [ Updated: June 03, 2013 18:26 IST ]
moody s puts debt ratings of sbi icici 9 others under watch
moody s puts debt ratings of sbi icici 9 others under watch

Mumbai, Jun 3: Global credit rating agency Moody's today said it has placed some debt ratings of 11 banks, including SBI, ICICI, HDFC Bank and Axis Bank, under review because of the updating of its methodology.




The subordinated and junior subordinated debt ratings of these banks have been placed under review in the wake of the methodology update, said Moody's Investors Services.

Other banks are Bank of Baroda, Bank of India, Canara Bank, IDBI Bank, Indian Overseas Bank, Syndicate Bank and Union Bank of India.

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