IndusInd Bank announced that Moody's Investors Service have reaffirmed the credit rating on the Bank as mentioned below: | Type | Rating (Outlook) | Rating Action | | Long-term (LT) and Short-term (ST) foreign and local currency (LC) bank deposits and issuer ratings as well as Counterparty Risk Ratings (CRRs) | Ba1/NP (Stable) | Affirmed | | Senior unsecured medium-term note program | (P)Ba1 (Stable) | Affirmed | | LT and ST Counterparty Risk (CR) Assessments | Ba1(cr)/NP(cr) (Stable) | Affirmed | Moody's has placed IndusInd's Ba1 Baseline Credit Assessment (BCA) and adjusted BCA under review for downgrade. |