Credit rating agency, ICRA has reaffirmed rating assigned to JM Financial’s Non Convertible Debenture programme to ‘AA’ with stable outlook worth Rs 100 crore. The rating agency has also reaffirmed ratings assigned to company’s Short term bank lines and Commercial Paper programme to ‘A1+’ worth Rs 100 crore and Rs 1000 crore respectively. The ratings factor in the established market position of JM Financial Group in capital market businesses viz. Investment Banking, Broking and Securities based lending.
JM Financial is an integrated financial services group offering a wide range of capital market services to its corporate and individual clients.
