IndusInd Bank receives ratings action from CRISIL

IndusInd Bank received credit ratings from CRISIL as under:

Infrastructure Bonds (Rs 1500 crore) - CRISIL AA+ (continues on rating watch Negative)

Basel III compliant Tier 2 Bonds (Rs 4000 crore) - CRISIL AA+ (continues on rating watch Negative)

Short Term Fixed Deposit Programme - CRISIL A1+ (reaffirmed)

Certificate of Deposits (Rs 40000 crore) - CRISIL A1+ (reaffirmed)

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