Credit rating agency, CRISIL has upgraded the credit rating of Motilal Oswal Financial Services’ material subsidiary -- Motilal Oswal Home Finance (MOHFL) (erstwhile Aspire Home Finance Corporation) to ‘AA-/Stable’ from ‘A+ /Stable’ on Bank Loan facilities and Non-Convertible Debentures.
Further, the rating agency has re-affirmed rating of ‘A1+’ on Commercial Paper and assigned rating of ‘PP-MLD AA-r/Stable' on Long Term Principal Protected Market Linked Debentures of MOHFL.
Motilal Oswal Financial Services offers a range of financial products and services, such as wealth management, retail broking and distribution, institutional broking, asset management, commodity broking, private equity, investment banking, and principal strategies.
