Sakthi Finance receives revision in credit ratings from ICRA

Sakthi Finance receives revision in credit ratings from ICRA

Feb 19, 2020 05:02 IST capital market

Sakthi Finance has received revision in credit ratings from ICRA as under -

Fixed deposit programme - MA-; Stable (Reaffirmed)
Cash credit limits - ICRA BBB; Stable (Reaffirmed)
Term loans (long term) - ICRA BBB; Stable (Reaffirmed)
Working capital demand loans (short term) - ICRA A2 (Reaffirmed)
NCDs - ICRA BBB; Stable (Reaffirmed)
Proposed NCD issue - ICRA BBB (Assigned)

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