Motilal Oswal Financial Services' subsidiary gets revision in credit ratings from CRISIL

Motilal Oswal Financial Services announced that CRISIL has upgraded the credit rating to 'CRISIL AA-/Stable' from 'CRISIL A+/Stable' on Bank Loan facilities and Non-Convertible Debentures of Motilal Oswal Home Finance ('MOHFL') (erstwhile Aspire Home Finance Corporation), material subsidiary of the Company.

Further, CRISIL has re-affirmed rating of 'CRISIL A1+' on Commercial Paper and assigned rating of 'CRISIL PP-MLD AA-r/Stable' on Long Term Principal Protected Market Linked Debentures of MOHFL.

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