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Moody's cuts State Bank of India's debt rating to 'Baa3'

SBI's revised rating for the senior unsecured debt and local currency deposit instruments would now be Baa3 from the earlier Baa2, it said, revising down the outlook on the bank's financial strength rating to negative from stable.
SBI hits international bond mkt to raise USD 1 billion

State Bank of India today hit the international bond market to raise about USD 1 billion (Rs 5,430 crore) in a five-year dollar-bond sale programme.

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Baa2

Moody's cuts State Bank of India's debt rating to 'Baa3'

SBI hits international bond mkt to raise USD 1 billion