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Steel Authority of India gets revision in credit ratings

Capital Market 

From CARE Ratings

announced that has reviewed the credit ratings as follows -

Long term bond programme I (Rs 1957 crore) - CARE AA-; Stable (Reaffirmation in rating, outlook revised from Negative)

Long term bond programme II (Rs 1500 crore) - CARE AA-; Stable (Reaffirmation in rating, outlook revised from Negative)

Long term bond programme III (Rs 6000 crore) - CARE AA-; Stable (Reaffirmation in rating, outlook revised from Negative)

Long term bond programme IV (Rs 2000 crore) - CARE AA-; Stable (Reaffirmation in rating, outlook revised from Negative)

Long term bond programme V (Rs 2000 crore) - CARE AA-; Stable (Reaffirmation in rating, outlook revised from Negative)

Proposed long term term public deposit programme (Rs 1000 crore) - CARE AA-; Stable (Reaffirmation in rating, outlook revised from Negative)

Short term CP/ ICD programme (Rs 8000 crore) - CARE A1+ (Reaffirmed)

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

First Published: Tue, October 09 2018. 11:17 IST
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