Steel Authority of India gets revision in credit ratings

From CARE

Steel Authority of India announced that CARE has revised its ratings for different borrowing of the Company -

Long term bond Rs 14406 crore -- CARE AA+ (Revised from CARE AAA)

Long term public deposit scheme Rs 1000 crore -- CARE AA+ (Revised from CARE AAA)

Commercial Paper / Inter Corporate Deposits Rs 8000 crore -- CARE A1+ (Reaffirmed)

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