Ujjivan Financial Services gets revision in credit ratings

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From CARE and ICRA
Ujjivan Financial Services announced the following revisions in the Credit Ratings of various facilities / instruments of the Company as under:- Long Term Bank Facilities: Upgraded from Rs. 3,500 crore 'CARE A' to Rs. 4,500 crore 'CARE A+'
- Rs. 90.00 crore NCD upgraded to ICRA A+ (pronounced ICRA A Plus) from ICRA A
- Rs. 37.5 crore NCD (reduced from Rs.75.00 crore) upgraded to "ICRA A+" (pronounced ICRA A Plus)" from "ICRA A-" (pronounced ICRA A Minus)"
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First Published: Jul 05 2016 | 9:51 AM IST