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India Ratings revises rating issued to banking facilities of HCL Infosystems

04 Mar 2015 Evaluate

Credit rating agency, India Ratings & Research has revised HCL Infosystems’ Long-Term Issuer Rating from ‘A+’ to ‘A’ and removed it from Rating Watch Negative (RWN). The rating ‘A’ denotes Stable Outlook.

HCL Infosystems is one of the largest distribution organizations in India in terms of revenue with a network of over 100,000 retail outlets, 800 direct distributors and 12,400 channel partners across 15,000 towns and 664 districts.

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