ICRA upgrade may flare up interest in L&T Fin

| Updated on August 30, 2018 Published on August 29, 2018

ICRA on Wednesday upgraded its rating on L&T Finance Holdings and its subsidiaries - L&T Finance, L&T Infrastructure Finance and L&T Housing Finance - to AAA from AA+, on strong operating performance in the last nine quarters and a strong risk framework. The upgrade is based on the companies’ strong management team, diversified operations with consolidated entities, strong financial flexibility in raising funds at competitive rates and strong parentage.

Published on August 29, 2018
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