New Delhi, Dec. 2 -- Global rating agency Moody's Ratings has reaffirmed ICICI Bank Limited's Baa3 long-term deposit ratings, maintaining a stable outlook, the bank said in a stock exchange filing on Tuesday.
The reaffirmation, according to the Moody's, reflects the bank's "robust financial position," which is underpinned by a diversified loan portfolio and above-industry-average profitability. These factors are expected to bolster the bank's internal capital generation and overall strong solvency.
Moody's cited ICICI Bank's superior profitability as a key driver for the rating. The bank's return on assets (ROA) stood at 2.0%for the six months ending September 2025, significantly higher than the industry average of 1.4% for the fiscal y...
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