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Reliance Home Finance gets ratings downgrade from Brickwork

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Capital Market
Last Updated : Sep 20 2019 | 9:31 AM IST
Reliance Home Finance announced that Brickwork Ratings (Brickwork) has downgraded the rating to D for Company's long-term debt programme, MLDs, subordinated debt, NCDs public issue, upper Tier-II NCDs and short-term debt programme. Brickwork has stated this action is primarily due to non payment of Commercial Paper.

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First Published: Sep 20 2019 | 9:18 AM IST

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