SBINBSEState Bank of IndiaMediumNeutral
Announced Wed, 8 Jul · 15:18 IST

SBI assigned CareEdge BBB+ foreign currency rating

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SBIN · price

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▲ 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
-1.3%1-day move
₹1036.20
prior close
₹1018.60
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0-1.3-0.0+0.1-2.2-0.6+0.7
Up moveDown movePending
AI summary

CareEdge Global Ratings has assigned a BBB+/Stable long-term foreign currency issuer rating to State Bank of India. The rating reflects the bank's credit profile for foreign currency borrowings. BBB+ is investment grade, and the stable outlook indicates no near-term rating change expected.

Likely market impact

Investment-grade foreign currency rating with stable outlook supports SBI's overseas borrowing credibility and funding cost.