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CRISIL Shifts IndusInd Bank Outlook to Stable as Earnings Improve
CRISIL changed IndusInd Bank’s outlook from Negative to Stable.
This means CRISIL sees the bank’s credit situation as steadier than before.
The bank’s existing long-term ratings were kept unchanged.
Its infrastructure and Tier-2 bonds retained CRISIL AA+/Stable ratings.
The bank also kept its top short-term rating of CRISIL A1+.
IndusInd Bank earned Rs 1,037 crore in the first quarter of fiscal 2027.
Its profits improved partly because credit costs fell and operating performance strengthened.
The bank’s shares slipped slightly in the latest session but have risen substantially from their yearly low.
CRISIL revised IndusInd Bank’s outlook to Stable from Negative while reaffirming its long-term ratings.
The bank’s Rs 1,500 crore infrastructure bonds and Rs 4,000 crore Tier-2 bonds retained CRISIL AA+/Stable ratings.
Short-term fixed deposits and certificates of deposit were reaffirmed at CRISIL A1+.
IndusInd Bank’s net profit rose to Rs 1,037 crore in Q1 FY27 from Rs 889 crore in fiscal 2026.
The stock closed 0.15% lower at Rs 1,011.95 but remained 43% above its 52-week low.
- Who
- CRISIL and IndusInd Bank.
- What
- CRISIL revised IndusInd Bank’s credit outlook to Stable from Negative and reaffirmed its ratings.
- Where
- The stock was reported on the BSE.
- When
- The revision was reported alongside the bank’s Q1 FY27 performance; the stock data refers to the previous trading session.
- Why
- The revision reflected improving earnings, stabilising deposits with a larger share of granular deposits, and a shift toward relatively stable lending segments.
Key facts
- Long-term outlook
- Revised to Stable from Negative.
- Infrastructure bonds
- Rs 1,500 crore reaffirmed at CRISIL AA+/Stable.
- Tier-2 bonds
- Rs 4,000 crore Basel III-compliant bonds reaffirmed at CRISIL AA+/Stable.
- Short-term rating
- Fixed deposits and certificates of deposit reaffirmed at CRISIL A1+.
- Q1 FY27 net profit
- Rs 1,037 crore, compared with Rs 889 crore in fiscal 2026.
- Q1 FY27 return on assets
- 0.8%, compared with 0.2% in the previous fiscal year.
- Latest stock price
- Rs 1,011.95 after a 0.15% decline in the previous session.
Sources
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