IndusInd Bank Limited — Credit Ratings, 29-05-2025: Credit Rating

IndusInd Bank’s long-term debt ratings of CRISIL AA+ on infrastructure bonds (INR 15 Cr) and Basel III Tier 2 bonds (INR 40 Cr) remain on Rating Watch with Negative Implications, indicating continued uncertainties around credit risk. The watch status suggests potential pressure on the bank’s credit profile, which may lead to higher borrowing costs and impact investor confidence if adverse factors unfold. Meanwhile, the strong short-term ratings of CRISIL A1+ on the fixed deposit programme and certificate of deposits (INR 400 Cr) were reaffirmed, supporting stable liquidity in the near term. This mixed outlook signals cautious monitoring of IndusInd Bank’s financial health going forward.