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India Ratings upgrades Long-Term Rating of Aditya Birla Capital’s arm

06 Nov 2017 Evaluate

Credit rating agency, India Ratings and Research (Ind-Ra) has upgraded the Long-Term Issuer Rating of Aditya Birla Finance (ABFL), a wholly owned subsidiary of Aditya Birla Capital to ‘AAA’ from ‘AA+’ with a Stable Outlook and affirmed the Short-Term Issuer Rating at ‘A1+’.

The credit rating agency has upgraded the Long-Term Issuer Rating of Aditya Birla Housing Finance (ABHFL), a wholly owned subsidiary of the company to ‘AAA’ from ‘AA+’ with a Stable Outlook and affirmed its Short-Term Issuer Rating at ‘A1+’.

Aditya Birla Capital is one of the largest financial services players in India.


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