CRISIL assigns AAA credit rating and stable outlook for ICICI Bank's Infrastructure Bonds

7 Mar 2022 , 11:15 AM

CRISIL Ratings Limited has assigned ‘CRISIL AAA’ credit rating and stable outlook for ICICI Bank’s Infrastructure Bonds for an amount of Rs10,000 crore. This is a new rating from CRISIL Ratings Limited for the Bank’s infrastructure bonds, the company said in a regulatory filing on Friday.

At around 11.18 am, ICICI Bank Ltd was trading at Rs658.50 per piece down by Rs29.7 or 4.32% from its previous closing of Rs688.20 per piece on the BSE.

The scrip opened at Rs661.20 and has touched a high and low of Rs666.55 and Rs649.75 respectively.