INDUSIND BANK LTD. - 532187 - Announcement under Regulation 30 (LODR)-Credit Rating
We hereby inform that Moody''s Investors Service (Agency), vide their communication dated April 3, 2020 have communicated that they have placed Bank's domestic and foreign currency issuer ratings of Baa3/P-3 under review for downgrade. The Bank''s 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.04-04-2020