IndusInd Bank announced that Moody's Investors Service, have upgraded the rating outlook from “Negative to Stable” and reaffirmed the credit ratings as mentioned below:

Long-term (LT) and Short-term (ST) foreign and local currency bank deposit and Reaffirmed ratings as well as Counterparty Risk Ratings (CRRs) - Ba1/NP (Stable)

Senior unsecured medium-term note program - (P)Ba1 (Stable)

LT and ST Counterparty Risk (CR) Assessments - Ba1(cr)/NP(cr) (Stable)