IFCI receives ratings action from Brickwork Ratings

IFCI has received reaffirmation in credit ratings from Brickwork Ratings and has been assigned fresh rating for the Long-term Bond / NCD Programme as follows -

Long Term Debt Instrument NCD - BWR BBB+/ Negative (Re-affirmed rating)
Secured NCD - BWR A+(CE)/ Negative (Re-affirmed rating)
Commercial Paper - BWR A2+ (Re-affirmed rating)
Proposed NCD - BWR BBB+/ Negative (Fresh rating)

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