ICRA in MoU with SBI…
In this regard the Company has issued following Press Release:
“Credit rating agency ICRA Ltd (ICRA) and State Bank of India (SBI) have signed a Memorandum of Understanding (MoU) under which ICRA will assign ratings to the Bank’s loans and its other exposures under the standardized approach of RBI’s New Capital Adequacy Framework for Basel-II.
