Credit rating agency, Crisil has assigned the rating of ‘A1+’ to the proposed Rs 2,500 crore short term debt issue of Edelweiss Financial Services. Earlier, on August 07, 2017, Crisil had assigned the rating of ‘A1+’ to the two proposed short term debt issues having issue size of Rs 3,000 crore each of the Company.
Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.