Tata Power has been graded with AA- (Positive) by CRISIL, a pioneer of credit rating in India.
It has revised Tata Power's ratings for debts instruments and long-term banking facilities from AA-(Stable) to AA-(Positive), indicative of a potential upgrade to a better rating in the forthcoming future. This move came after Tata Power cleared all dues on debentures worth Rs 1,082 crore and term loan of Rs 605 crore.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)