The affirmation of the IDR and Government Support Rating (GSR) at ‘bbb-‘ is based on the high likelihood of government support, given the Indian government’s 75% ownership stake in the bank and its systemic importance.
The affirmation of the IDR and Government Support Rating (GSR) at ‘bbb-‘ is based on the high likelihood of government support, given the Indian government’s 75% ownership stake in the bank and its systemic importance.