ICICI Bank's Notes Receive Ratings From Moody's and S&P Global

ICICI Bank's Notes Receive Ratings From Moody's and S&P Global

ICICI Bank's Notes Receive Ratings From Moody's and S&P Global​

ICICI Bank Limited received ratings from Moody's Ratings and S&P Global Ratings for its USD denominated Senior Unsecured Fixed Rate Notes, which are part of the bank's Global Medium Term Note Programme.

In a recent rating action, Moody's assigned a 'Baa3' rating to the notes. Concurrently, S&P Global Ratings accorded a 'BBB' rating to the same instrument.

The notes in question were issued by ICICI Bank Limited and are channeled through its IFSC Banking Unit. The assignments relate specifically to the USD denominated Senior Unsecured Fixed Rate Notes under the scope of the bank's global issuance program.

ICICIBANK Stock Price Movement​

Today, shares of ICICI Bank Limited edged higher, settling at ₹1432.9 after closing up 0.1%. The stock traded within a narrow intraday range, reaching a low of ₹1415.4 and a high of ₹1440 during the session.
 

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