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CRISIL assigns rating to short term issue of Edelweiss Financial Services

13 Sep 2017 Evaluate

Credit rating agency, CRISIL has assigned the rating of ‘A1+’ to the proposed Short Term Debt Issue aggregating to Rs 5,000 crore of Edelweiss Financial Services.
Another credit rating agency, ICRA has also assigned the rating of ‘A1+’ to the proposed CP Programme of Rs 5,000 crore 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.


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