Credit rating agency, CARE has reaffirmed ‘A-’ rating to the S E Investments' (SEIL) long-term bank facilities worth Rs 687.50 crore.
The rating for the bank facilities of the company continues to derive strength from the long track record of the company, experienced management team, comfortable capital adequacy position, good asset quality, effective monitoring and management information system and adequately diversified resource profile.
SE Investments is engaged in the business of advances against stock of goods equipment, immovable property and other assets and providing Safe Deposit Locker services.
