Can Fin Homes receives upgrade in credit ratings

From India Ratings

Can Fin Homes announced that India Ratings has reviewed and upgraded the Company's Long-Term Issuer Rating to 'IND AA+' (from 'IND AA') while reaffirming the outlook as 'Stable'. The instrument-wise ratings are as under:

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

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