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CRISIL reaffirms ‘A1’ rating assigned to Commercial Paper of Ujjivan Financial Services

15 Jun 2016 Evaluate

Credit rating agency, CRISIL has reaffirmed the ‘A1’ rating assigned to Commercial Paper of Ujjivan Financial Services amounting Rs 150 crore (enhanced from Rs 50 crore). Instruments with this rating are considered to have very strong degree of safety regarding timely payment of financial obligations. Such instruments carry lowest credit risk.

Ujjivan offers a diverse range of loan products to cater to the specific requirements of its customers. Its products can be classified under two broad categories, namely, group loans and individual loans.


Peers
Company Name CMP
Power Finance Corpn. 318.00
REC 289.10
NHIT 168.00
Satin Creditcare Net 227.20
IFCI 65.17
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