Poonawalla Fincorp announced that CRISIL has assigned new ratings on companys instrument as below:
Total bank loan facilities rated (Rs 2000 crore) – CRISIL AA-/Stable (assigned)
Non convertible debentures (Rs 3000 crore) – CRISIL AA+/ Stable (assigned)
Commercial paper (Rs 1000 crore) – CRISIL A1+ (reaffirmed)
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