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MUMBAI: The short-term fixed deposit programme of IndusInd Bank has been assigned a rating of `P1+' by Crisil, said a press release. The short-term debt programme of the bank had also been assigned the same rating earlier.

"This is a welcome endorsement of our strengths in the post-merger situation. Our retail thrust should see us grow at a faster pace, while maintaining our focus on the corporate segment," the release said quoting Mr Bhaskar Ghose, Managing Director and CEO, IndusInd Bank.

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