India Ratings and Research (Ind-Ra) has taken the following rating actions on State Bank of India (SBI) and its debt instruments:

Long term issuer rating - IND AAA/ Stable (affirmed)

Long term bonds (yet to be issued) - IND AAA/ Stable  (assigned)

Basel III Tier I bonds, Basel III AT1 bonds, Infrastructure bonds and Certificate of deposit - IND AAA/ Stable (affirmed)