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2 sourcesNov 21, 2025

Fitch Places HDFC's and SMIB's National Ratings on Rating Watch Positive on Proposed Acquisition

Fitch Ratings: Fitch Ratings has placed Housing Development Finance Corporation Bank of Sri Lanka's (HDFC) National Rating of 'BB+(lka)' and State Mortgage & Investment Bank's (SMIB) National Rating of 'BB(lka)' on Rating Watch Positive (RWP). HDFC's rating was previously on a Negative Outlook. Key Rating Drivers Acquisition on the Cards: The rating action follows the announcement...

Ada Derana Biz•Nov 21, 2025
By Biz Editor
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What this story is about

Organisations
  • State Mortgage & Investment Bank2
  • Bank of Ceylon2
  • Fitch Ratings2
  • People's Bank2
  • Housing Development Finance Corporation Bank of Sri Lanka
  • Housing Development Finance Corporation Bank of Sri
Places
  • Sri Lanka2
  • Colombo
Keywords
  • acquisition2
  • positive2
  • proposed2
  • hdfc2
  • smib2
  • benefitting
  • national
  • places
  • watch

Names and places drawn from every article in this story. The number shows how many of them mentioned it.

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2 newsrooms have reported this story

  • Sri Lanka HDFC, SMIB on Fitch positive rating watch on proposed acquisitionEconomyNext·Nov 21, 2025
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