Credit rating agency, Credit Analysis & Research (CARE) has assigned ‘A1+’ rating to Edelweiss Financial Services’ proposed issue of commercial paper amounting of Rs 6,350 crore. Earlier, CRISIL has assigned rating of ‘A1+’ to the short term debt programme of Rs 73.50 billion 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.