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Ujjivan Financial Services issues Commercial Papers worth Rs 75 crore

17 Jun 2016 Evaluate

Ujjivan Financial Services has issued Commercial Paper of Rs 75 crore (Face Value) on June 16, 2016, which has been rated ‘A1’. 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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