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Ujjivan Financial receives ratings upgrade for bank facilities from various rating agencies

05 Jul 2016 Evaluate

Ujjivan Financial Services has received ratings upgradation from various rating agencies for its bank facilities. Credit rating agency, CARE has upgraded the long term bank facilities from ‘A’ to ‘A+’ for enhanced amount (from Rs 3,500 crore to Rs 4,500 crore). 

Further, ICRA has upgraded rating assigned to NCD of the company worth Rs 90 crore to ‘A+’ while other NCD worth Rs 37.50 crore has been upgraded to ‘A+’.

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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