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Published on 4/25/2023 in the Prospect News Emerging Markets Daily.

Fitch gives State Bank of India bonds BBB-

Fitch Ratings said it assigned an expected BBB- expected rating to State Bank of India's planned senior unsecured notes. The notes will be issued by the bank's London branch.

The agency affirmed the bank’s BBB- ratings on Oct. 4.

The outlook is stable.


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