CRISIL revises long term rating outlook on Citibank India

CRISIL has revised the long term rating outlook on Citibank's Indian operations - Citibank India, Citicorp Capital Markets, Citicorp Finance and Citicorp Maruti Finance to 'negative' from 'stable'.

By ET Bureau | Mar 16, 2009, 08.38 PM IST

Rating agency CRISIL has revised the long term rating outlook on Citibank's Indian operations - Citibank India, Citicorp Capital Markets, Citicorp Finance and Citicorp Maruti Finance to ��negative�� from ��stable��.

The outlook revision by CRISIL is driven by S&P��s rating action on Citigroup.

The rating on the short term debt of these entities have been reaffirmed at ��P1+��.

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