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Tata Motors gets downgrade in credit ratings from ICRA

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Tata Motors has received revision in credit ratings from ICRA as follows -

Non convertible debentures - ICRA AA-/Negative (downgraded from ICRA AA/ Negative) Long term loans - ICRA AA-/Negative (downgraded from ICRA AA/ Negative) Long term fund based facilities - ICRA AA-/Negative (downgraded from ICRA AA/ Negative) Commerical paper programme - ICRA A1+ (reaffirmed) Short term debt programme - ICRA A1+ (reaffirmed) Non fund based facilities long term/ short term - ICRA AA- / Negative/ ICRA 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: Mon, August 05 2019. 17:57 IST
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