Manappuram Finance gets revision in credit ratings from CRISIL
Manappuram Finance has received revision in credit ratings from CRISIL as under -
Total bank loan facilities rated Rs 250 crore
Long term rating - CRISIL AA/ Stable (Upgraded from 'CRISIL AA-/Positive' ; Rating Withdrawn)
Non Convertible Debentures (Rs 50.5 crore) - CRISIL AA/Stable (Upgraded from 'CRISIL AA-/Positive')
Non Convertible Debentures (Rs 2707 crore) - CRISIL AA/Stable (Upgraded from 'CRISIL AA-/Positive')
Commercial Paper (Rs 3500 crore) - CRISIL A1+ (Reaffirmed)
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First Published: Aug 31 2019 | 11:44 AM IST