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IndusInd Bank Ltd.

BSE: 532187 Sector: Financials
NSE: INDUSINDBK ISIN Code: INE095A01012
BSE 00:00 | 24 Apr IndusInd Bank Ltd
NSE 05:30 | 01 Jan IndusInd Bank Ltd

Announcement under Regulation 30 (LODR)-Credit Rating

April 4, 2020, 10:48 pm | Source: BSE

We hereby inform that Moodys Investors Service (Agency) vide their communication dated April 3 2020 have communicated that they have placed Banks domestic and foreign currency issuer ratings of Baa3/P-3 under review for downgrade. The Banks ba1 baseline credit assessment (BCA) and adjusted BCA have also been placed under review for downgrade by the Agency.

The communication received from the Agency is attached herewith.

This disclosure is being made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 20l5.
A copy of this letter is being uploaded on the website of the Bank at www.indusind.com.