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MANAPPURAM FINANCE LTD. - Revision in Credit Rating
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01 Jan 2015
Manappuram Finance Ltd has informed BSE that the credit rating agency M/s. Brickwork Rating India Private Ltd has revised the credit rating for the Non Convertible debentures (NCDs) of the Company from BWR A+ (Outlook Stable) to BWR AA- (Outlook Stable). The Instrument with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit Risk.
View all announcements for MANAPPURAM FINANCE LTD. Source: BSE India