Shriram Transport Finance Company announced that Fitch Ratings and S&P Global Ratings have affirmed the company's credit ratings. Fitch Ratings has affirmed Stable Outlook and S&P Global Ratings has revised
the outlook to 'Negative' on weaker economic conditions from 'Stable' as detailed below:
Fitch Ratings - BB+; Stable (Affirmed)
S&P Global Ratings - BB+/ Negative / B
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