New Delhi, Aug. 18 -- Due to upgrades from S&P Global Ratings, several banking and financial stocks, including HDFC Bank, SBI, and ICICI Bank, are likely to be in focus on Monday, August 18.
S&P Global Ratings, on Friday, 15 August 2025, upgraded the long-term issuer credit ratings for seven Indian Banks and three financial institutions, one day after increasing India's sovereign credit rating, reported the news agency PTI.
S&P Global upgraded the credit ratings of seven Indian banks: State Bank of India (SBI), ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, Union Bank of India, and Indian Bank.
Bajaj Finance, Tata Capital, and L&T Finance were the three finance companies which also received a credit rating upgrade on Friday.
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