In addition, the company is expected to face higher expenses due to the probable rise in inflation rate as well as the recent ratings and outlook downgrades by Moody's, a ratings arm of Moody's Corp. ( MCO ), S&P and Fitch Ratings. ICICI BANK LTD (IBN): Free Stock Analysis Report MOODYS CORP (MCO): Free Stock Analysis Report To read this article on Zacks.com click here. We have downgraded our long-term recommendation on ICICI Bank Ltd. ( IBN ) to 'Neutral' from 'Outperform' based on the recent ratings and outlook revisions.