Asset quality for the merged bank remains modest but stable.

Crisil assigns AA-plus, A1-plus ratings to PNB debt instruments

Sep 02, 2020

Mumbai (Maharashtra) [India], September 2 : Crisil has removed its rating on the long-term debt instruments of Punjab National Bank (PNB) from rating watch...
The company has a strong product portfolio and presence across geographies

Ind-Ra assigns A1-plus rating to Dr Reddy's commercial papers

May 02, 2020

Mumbai (Maharashtra) [India], May 2 : India Ratings and Research (Ind-Ra) has accorded AA-plus rating to Dr Reddy's Laboratories Ltd's (DRL's) long-term issuer rating...
The company is second-largest aluminium manufacturer in India

Crisil upgrades Hindalco's long-term rating to AA-plus, outlook stable

Jul 30, 2021

Mumbai (Maharashtra) [India], July 30 : Crisil Ratings has upgraded rating on non-convertible debentures of Hindalco Industries Ltd to AA-plus with a stable outlook...
The rating agency said Covid-19 impact will deteriorate BHEL's operating margins

CARE downgrades BHEL's long-term bank facilites to AA

Jun 27, 2020

New Delhi [India], June 27 : CARE has downgraded the rating on the long-term bank facilities of Bharat Heavy Electricals Ltd (BHEL) to AA...
The company has annual crude steel capacity of 34 million tonnes per annum

Brickwork upgrades ratings for Tata Steel's Rs 4,000 crore NCDs

Aug 24, 2021

Mumbai (Maharashtra) [India], Aug 24 : Brickwork Ratings has upgraded the rating of unsecured non-convertible debenture (NCD) issues aggregating Rs 4,000 crore of Tata...
The company is India's fourth largest housing finance company

Crisil revises outlook for bank borrowings, NCDs, fixed deposits of PNB Housing Finance

May 01, 2020

New Delhi [India], May 1 : PNB Housing Finance said on Friday that Crisil has re-affirmed credit rating of its bank borrowing and non-convertible...
USL is the largest player in domestic spirits industry

ICRA reaffirms AA-plus rating on United Spirit's financial instruments

Feb 27, 2021
The company had a net profit of Rs 1,497 crore in FY20 on revenue of Rs 21,052 crore.

Titan gets strong credit ratings from ICRA on robust profile

Jul 17, 2020
The rating outlook was revised to negative in April 2020 post imposition of lockdown

Crisil assigns AA rating to Shriram City NCDs, outlook stable

Mar 18, 2021
Ind-Ra's expects the lender to continue receiving government support.

Ind-Ra assigns UBI's tier 2 bonds AA-plus with rating watch evolving

Sep 11, 2020
The rating upgrade will enable the company to raise more long-term debt funds.

ICRA upgrades long-term debt rating of Muthoot Finance to AA-plus

Mar 17, 2021
The company is second-largest branded tea company in the world.

ICRA upgrades financial ratings of Tata Consumer Products

Dec 30, 2020

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