Moody's upgrades credit assessment of ICICI Bank & Axis Bank on standalone basis - Economic Times

On that scale, those two of the countrys top three private banks were ranked one notch up at Baa3, the lowest rank in the investment grade in line with Indias sovereign rating grade.

International rating company Moodys upgraded and on their standalone financial performance basis, what is known as "baseline credit assessments" in market parlance, citing improvement in assets quali… [+2104 chars]

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