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CARE reaffirms ‘A1+’ rating to SIFL’s Short-Term Debt Programme

10 Dec 2014 Evaluate

Credit rating agency, CARE has reaffirmed ‘A1+’ rating to Srei Infrastructure Finance’s (SIFL’s) Short-Term Debt Programme worth Rs 2500 crore which was enhanced from Rs 2000 crore. The company has received the said rating on the back of its satisfactory track record with ‘Infrastructure Finance Company’ status from RBI, established experience of the promoter group with prominent position in infrastructure financing space, continuing growth in advances, diversified resource mix, satisfactory gearing with adequate capitalization and moderate asset quality & financial performance.

SREI Infrastructure Finance’s businesses include infrastructure equipment leasing and finance, infrastructure project finance, advisory and development, insurance broking, venture capital, capital market and Sahaj e -Village.

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