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Rane Holdings gets reaffirmation in credit ratings from ICRA

Capital Market 

Rane Holdings has received revision in credit ratings from ICRA as under -

a. revalidated long term rating assigned to Rs.50 crore Line of Credit (LOC) at [ICRA] AA- (pronounced as ICRA double A minus) with outlook as 'stable' upto 30 November 2019; and

b. revalidated rating assigned to Rs.10 crore Commercial Paper (CP) at [ICRA]A1+ (pronounced as ICRA A one plus] upto 30 November 2019.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, September 07 2019. 17:43 IST
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