Announced Fri, 3 Jul · 16:45 IST
IndusInd Bank credit rating reaffirmed at AA+ with Negative outlook
INDUSINDBK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.9%1-day move
₹973.30
prior close
₹968.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+1.0+0.7+1.0+4.9+2.7+4.6+4.3+4.0+4.1+3.3———
Up moveDown movePending
AI summary
India Ratings and Research has reaffirmed IndusInd Bank's credit rating at IND AA+ but maintained a Negative outlook on its senior unsecured redeemable bonds worth about 15 billion rupees and Basel III Tier 2 bonds worth about 40 billion rupees. A Negative outlook means the agency could consider a downgrade in the future if current concerns are not resolved.
Likely market impact
Negative outlook signals possible future downgrade; bond holders and investors should watch for any further rating action by India Ratings.