KRBL receives revision in credit ratings for bank facilities

From ICRA and CARE

KRBL has received revision in credit ratings from ICRA and CARE as under-

Long term rating (banking limits Rs 1619 cr) - ICRA AA-/ under rating watch with negative implications

Short term rating (banking limits Rs 179 cr) - ICRA A1+/ under rating watch with negative implications

Commercial paper (Rs 500 cr) - CARE A1+ and ICRA A1+/ both ratings under rating watch with negative implications

Powered by Capital Market - Live News