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Bharat Bijlee receives revision in credit ratings from ICRA

Bharat Bijlee has received revision in credit ratings from ICRA as under:

Fund based limits (Rs 450 crore) - [ICRA]AA-(Stable)/[ICRA]A1+
(Long term rating upgraded from [ICRA]A+ and short-term rating reaffirmed; Outlook revised to Stable from Positive; assigned for enhanced limit)

Non fund based limits (Rs 750 crore) - [ICRA]AA-(Stable)/[ICRA]A1+
(Long term rating upgraded from [ICRA]A+ and short-term rating reaffirmed; Outlook revised to Stable from Positive; assigned for enhanced limits)

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First Published: Jun 14 2024 | 2:56 PM IST

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