State Bank of India — Credit Ratings, 14-07-2026: Credit Rating

Moody's Ratings affirmed State Bank of India's long-term deposit ratings at Baa3 with a Stable outlook. This reflects SBI's strong asset quality, dominant domestic franchise, and robust funding from low-cost deposits. The bank's capital position improved, with its tangible common equity to risk-weighted assets ratio rising to 12.7%, supported by a ₹25,000 Cr capital raise.