CRISIL affirms AAA credit rating on NCDs of ICICI Pru; Stock down 1%

The rating affirmed was on 12000 NCDs of 10 lakhs each aggregating to Rs1200cr.

Oct 25, 2021 10:10 IST India Infoline News Service

ICICI-Prudential-Life-insurance
CRISIL Limited has affirmed the credit rating of 12000 Unsecured, Subordinated, Listed, Rated, Redeemable, Non-Cumulative, Taxable, Non-Convertible Debentures (NCDs) of 10 lakhs each aggregating to Rs1200cr by ICICI Prudential Life Insurance Company Limited.

The credit rating agency has reaffirmed CRISIL AAA/Stable rating on the NCDs of the company.

At around 10.04 am, ICICI Prudential Life Insurance Company Ltd was trading at Rs613.80 per piece down by Rs6.45 or 1.04% from its previous closing of Rs620.25 per piece on the BSE.

Related Story

Open Free Demat Account (Rs699)
Open ZERO Brokerage Demat Account

  • 0

    Delivery Brokerage for Lifetime

  • 20

    Per order for Intraday, F&O, Currency & Commodity