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Fitch Affirms Ratings of ICICI and Axis Bank
Millennium Post Delhi
|April 18, 2025
Fitch Ratings on Thursday affirmed ratings of private sector lenders Axis Bank and ICICI Bank, with a stable outlook.
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NEW DELHI:
The Long-Term Issuer Default Rating (IDR) of both banks has been affirmed at 'BB+'. A 'BB' IDR indicates an elevated vulnerability to default risk. Axis Bank's viability rating has been retained at 'BB', while ICICI Bank's has been upgraded to 'BB+'. A 'BB' viability rating denotes moderate prospects for ongoing viability.
यह कहानी Millennium Post Delhi के April 18, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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