IndusInd Bank in focus as CRISIL reaffirms AA+ rating, stock exits Nifty50

Shares of IndusInd Bank will be in focus on Monday, August 25, following two key developments. CRISIL Ratings has reaffirmed its AA+ rating on the lender’s debt instruments, while the stock has been dropped from the Nifty50 index in the latest reshuffle.

In a communication dated August 23, 2025, CRISIL reaffirmed its long-term ratings at CRISIL AA+ with a Negative outlook and removed them from the “Rating Watch with Negative Implications” list. The action covers Rs 15 billion of infrastructure bonds and Rs 40 billion of Basel III-compliant Tier 2 bonds, both reaffirmed at CRISIL AA+/Negative.

For short-term borrowings, CRISIL reaffirmed ratings on Rs 400 billion worth of certificates of deposit and the short-term fixed deposit programme, both retained at CRISIL A1+.


Separately, NSE Indices announced its semi-annual reshuffle of benchmark indices, under which IndusInd Bank has been removed from the Nifty50. The lender, with an average free-float market capitalisation of Rs 55,270 crore, along with Hero MotoCorp, will make way for IndiGo and Max Healthcare Institute in the 50-stock benchmark.

The changes will take effect from September 30, 2025.

IndusInd Bank share price history

Over the past year, shares of IndusInd Bank have declined 45.06%, while on a year-to-date basis, they are down 21.59%. Over the last six months, the stock has declined 27.15%, and over the past three months, it has dropped 3.20%. On a one-month horizon, the stock is down 9.84%.

On Friday, IndusInd Bank shares closed 1% lower at Rs 759.95 on the BSE.

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