Moody's withdraws ratings of ICICI Bank's Bahrain Branch for business reasons

Moody's has withdrawn all ratings of ICICI Bank's Bahrain Branch. There are no outstanding rated debt instruments issued from the Bahrain branch. Further, the Bahrain branch is not an issuer branch under the Bank's Global MTN programme. At the time of this action, there is no outstanding rated debt of the ICICI Bahrain Branch.

All other ratings of ICICI Bank Limited (ICICI Bank) remain.

Shares of ICICI BANK LTD. was last trading in BSE at Rs.396.15 as compared to the previous close of Rs. 409.85. The total number of shares traded during the day was 1400235 in over 11239 trades.

The stock hit an intraday high of Rs. 412.5 and intraday low of 395. The net turnover during the day was Rs. 565765615.

Source : Equity Bulls

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