Bank of Maharashtra has informed the Exchange about Credit Rating
MAHABANK · price
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Bank of Maharashtra has received a credit rating from S&P Global Ratings for the first time. S&P assigned a 'BBB' Long-Term and 'A-2' Short-Term issuer credit rating to the bank on September 24, 2025. BBB falls in the lower tier of investment grade, while A-2 is an investment-grade short-term rating. This is a new rating assignment rather than a change in an existing rating, and the bank shared S&P's press release with the exchanges.
Getting an investment-grade rating (BBB) from a global agency like S&P is a positive signal for the bank, as it can help it raise funds from international investors at better rates and improve its credibility with global markets. The stock may see a mildly positive reaction, though the rating is at the lower end of investment grade.