SBI Cards & Payment Services receives affirmation in credit ratings

From CRISIL

SBI Cards & Payment Services has received affirmation in credit ratings from CRISIL as under:

Total bank loan facilities rated - Rs 62,000 crore
Long term rating - Crisil AAA/ Stable (Reaffirmed)
Short term rating - Crisil A1+ (Reaffirmed)

Rs 34000 crore Commercial Paper - Crisil A1+ (Reaffirmed)

Lower Tier II Bonds aggregating Rs 5300.2 crore - Crisil AAA/ Stable (Reaffirmed)

Non Convertible Debentures of Rs 8550 crore - Crisil AAA/ Stable (Reaffirmed)

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