
Outlook on 6 Indian banks, state-owned firms revised to positive, ratings affirmed
New Delhi: S&P Global Ratings on Wednesday revised outlook on six Indian banks, including SBI and ICICI Bank to positive from stable, mirroring the rating action on the sovereign. S&P also revised the rating outlook to positive from stable on state-owned NTPC, ONGC, and Power Grid and affirmed ‘BBB-‘ issuer and issue ratings on these…