Branch² Intelligence
Moody's affirms SBI, HDFC Bank ratings on strong asset quality
Key takeaway
Moody's affirms SBI and HDFC Bank ratings on strong asset quality, stable outlook.
- Step 1Moody's affirms SBI and HDFC Bank ratings on strong asset quality.
- Step 2Lower perceived credit risk reduces bank bond yields and wholesale funding costs.
- Step 3Banks maintain or expand lending capacity, benefiting SME borrowers with stable loan pricing.
Source: IN:Economic Times
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