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Moody's reaffirms C- rating for ICICI Bank

Wednesday, October 05, 2011

 Global credit rating agency Moody's has reaffirmed its C- rating for India's largest private sector lender ICICI Bank , reports CNBC-TV18..........


Global credit rating agency Moody's has reaffirmed its C- rating for India's largest private sector lender ICICI Bank , reports CNBC-TV18.

The agency was all praise for the private lender. It said the ratings indicate solid financial soundness of ICICI Bank. It also said it reflects the progress made by the bank in consolidating its balance sheet.

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