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Credit Rating

Nature of Debt Instrument

Nature of term

CARE

ICRA

India ratings

Bank loans

Long Term

AA- ; Stable

[Double A Minus;

Outlook: Stable]

A+; Positive

[A Plus ;

Outlook: Positive]

-

Non-Convertible Debentures

Long Term

-

A+; Positive

[A Plus ;

Outlook: Positive]

-

Subordinated Debt

Long Term

AA- ; Stable

[Double A Minus;

Outlook: Stable]

-

-

Commercial paper

Short Term

A1+

[A One Plus]

A1+

[A One Plus]

A1+

[A One Plus]

 

CARE :- Care Ratings Limited (Formerly Credit Analysis & Research Ltd)

ICRA :- ICRA Limited (Formerly Investment Information and Credit Rating Agency of India Limited)

India Ratings :- India Ratings and Research Private Limited ( A Fitch Group Company)

Note: - Rating by various agencies are subject to regular revisions and the same will be updated on the website of the Company accordingly. Kindly also refer to the respective agencies website for the latest ratings.

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