State Bank of India — Credit Ratings, 24-07-2026: Credit Rating- New

CRISIL Ratings and CARE Ratings have affirmed State Bank of India's various debt instruments with 'AAA/Stable' and 'AA+/Stable' ratings. Both agencies assigned a 'AA+/Stable' rating to a new issuance of Rs 5,000 Crore Tier I Bonds. The stable outlook reflects SBI's dominant market position, strong government support, improving asset quality, and robust capitalization.