Credit rating agency, ICRA has assigned ‘A1+’ rating to the proposed issue of Commercial Paper of Rs 5000 crore of Edelweiss Financial Services. Earlier, CARE had assigned ‘AA’ rating to the proposed issue of Non-Convertible Debentures (NCDs) of Rs 500 crore of the company.
Edelweiss Financial Services is India’s leading diversified financial services company. It is engaged in the business of investment banking, brokerage services, asset management and financing.