S&P Global upgrades credit ratings of SBI, HDFC Bank, Tata Capital, among 10 financial institutions
GLOBAL CREDIT Rating Giant, S&P Global Ratings, on August 15, 2025 Friday, increased India’s sovereign credit ratings the day after increasing the dominant credit rating of Seven Indian Bank and three financial institutions. PTI.
Indian State Bank, ICICI BANK, HDFC Bank, Axis Bank Ltd, Kotak Mahindra Bank, Indian Union Bank and Indian Bank, credit ratings are seven Indian banks raised by S&P Global.
According to the agency report, Bajaj Finance, Tata Capital and L&T Finance were three financial companies that received a credit rating on Friday.
“India’s financial institutions will continue to continue the country’s good economic growth momentum. These assets will benefit from local focus and structural improvements in the system such as the rescue of bad loans, S
S&P Global’s expectations for banks
S&P Global expects Indian banks to use sufficient asset quality, good profitability and advanced capital letters in the next to two years.
Rating agency, “We expect Indian banks to use sufficient asset quality, good profitability and advanced capital letters in the next 12-24 months.
India’s credit rating upgrade
According to the agency report, on Thursday, August 14, 2025, S&P Global raised India’s credit rating as a ‘BBB’ for more than 18 years, as it expects India’s solid economic foundations to support growth acceleration within the next two to three years.
The company also said that monetary policy environments have become more favorable to manage inflationary expectations.
Our sovereign grade in India limits ratings in many India financial institutions. According to the news report, this is due to the direct and indirect impact of S&P, S&P on financial institutions operating in the country.
He also said that the Bankruptcy and Bankruptcy Code (IBC) has improved the payment culture and the rule of law in India. The code introduced in 2016 bowed the balance in favor of the creditors. It also encouraged a credit culture that encourages the restructuring of ongoing assets.
On Thursday, S&P Global Ratings also Petroleum and Natural Gas Corp. Ltd. (Ongc), India Ltd., NTPC Ltd. and Tata Power Co. Ltd.’den ‘BBB -‘ BBB’ye ‘BBB’ also increased credit ratings for. The appearance is stable.
S&P Global Ratings also long-term exporting credit ratings Indian Export-Ikport Bank (India Exim) and Indian Railway Finance Corp. (IRFC) in ‘BBB-‘ ‘from’ BBB ‘increased.
