INDIABULLS VENTURES LTD - Announcement under Regulation 30 (LODR)-Credit Rating

Indiabulls Ventures Ltd - Announcement under Regulation 30 (LODR)-Credit Rating

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14 May 2020
This is to inform you that the rating committee of rating agency Infomerics has assigned short term rating 'IVR A1+' to commercial paper programme of Indiabulls Ventures Limited.<BR> <BR> Infomerics noted the following in assigning the ratings:<BR> - Strong promoters and brand name<BR> - Experienced Management<BR> - Increased focus on the lending portfolio<BR> - Comfortable gearing ratio with infusion of fresh capital<BR> - Good resource raising ability<BR> - Well-designed Risk Management practices<BR> - Profitable operation<BR>
View all announcements for Indiabulls Ventures Ltd	Source: BSE India

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