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Credit Rating


Nature of Debt Instrument


Nature of Term


CRISIL


ICRA


CARE

Bank loans

Long Term

A+; Stable

[A Plus ;Outlook:Stable]

A+; Positive

[A Plus ;Outlook: Positive]

AA- ; Stable

[Double A Minus; Outlook: Stable]

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]

 

CRISIL :- Credit Rating information Services of India Limited (Standard & Poor's Company)

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

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

 

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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