Credit rating agency, ICRA has re-affirmed rating assigned to Rs 50 crore Line of Credit (LOC) of Rane Holdings at ‘AA-’ with stable outlook. The rating agency has also re-affirmed rating assigned to Rs 10 crore Commercial Paper(CP) / Short Term Debt (STD) programme of the company at ‘A1+’.
Rane Holdings is the holding company of Rane Group. RHL owns the trademark in Rane and provides a range of services to group companies. These include employee training and development, investor services, business development and Information systems support.
