Stock Market LIVE Updates: SBI's proposed dollar-denominated bond issuance gets BBB- rating from S&P, Fitch

S&P and Fitch on Wednesday gave investment grade rating 'BBB-' to the proposed dollar-denominated bonds to be issued by the London branch of India's biggest lender SBI. The senior unsecured notes issuance will be part of SBI's USD 10 billion medium-term note programme, S&P said in a statement.