CreditAccess Grameen has informed that, ICRA has upgraded the long-term rating of the Company to [ICRA] A+ (pronounced ICRA A plus) from [ICRA]A (pronounced ICRA A). ICRA has also reaffirmed the short term rating at [ICRA] A1+ (pronounced ICRA A one plus) for the short term credit of the captioned facilities. The rating rationale issued by ICRA is enclosed for immediate reference.
The above information is a part of company’s filings submitted to BSE.