Announced Wed, 8 Jul · 15:25 IST
SBI gets CareEdge BBB+/Stable foreign currency issuer rating
Credit & Debt View source PDF
SBIN · 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
-1.3%1-day move
₹1036.20
prior close
₹1018.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.3-0.0+0.1-2.2-0.6+0.7————
Up moveDown movePending
AI summary
SBI has been assigned a long-term foreign currency issuer rating of CareEdge BBB+/Stable by CareEdge Global Ratings. BBB+ is an investment grade rating, and the Stable outlook suggests CareEdge expects the rating to remain unchanged over the medium term. This is a new rating assignment and not a revision of an existing one.
Likely market impact
Investment grade rating with stable outlook supports SBI's foreign currency borrowing capacity and signals financial strength to global investors.