CreditAccess Grameen buys Madura Microfin for ₹876 cr
CreditAccess Grameen, a Bengaluru-based microfinance company, has signed an agreement to buy ...
Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that CRISIL Limited (CRISIL) has informed us the following revision in Credit Rating of the Company:
1. CRISIL has upgraded the Credit Rating of Long-term bank facilities from CRISIL AA/Positive to CRISIL AA+/Stable for Rs. 315 Crores limit of fund/non-fund based facilities of the Company.
2. CRISIL has reaffirmed the Credit Rating of CRISIL A1+ (Short-term debt including Commercial Paper) for Rs. 200 Crores limit of fund based facilities of the Company.
We request you to kindly take on record the aforesaid revision in Credit Ratings of the Company.
Pdf Link: Credit Rating
Source : BSE - www.bseindia.com
CreditAccess Grameen, a Bengaluru-based microfinance company, has signed an agreement to buy ...
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