Can Fin Homes receives revision in credit ratings from India Ratings & Research

Can Fin Homes announced that India Ratings & Research has revised the long term issuer ratings of the company to 'IND AA' from 'IND AAA'. The outlook is revised to Stable from negative. The instrument wise rating actions are given below -

Non-convertible debentures (NCDs) - IND AA/ Stable (downgraded)
Subordinated debt - IND AA/ Stable (downgraded)
Commercial paper - IND A1+ (affirmed)

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