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ICRA withdraws rating of Cambridge Solutions’ bank facilities

20 Sep 2011 Evaluate

ICRA has withdrawn ‘LBBB-‘ (stable) rating assigned to Rs 13.5 crore long-term fund based facilities and ‘A3’ rating assigned to Rs 22.0 crore short-term fund based facilities of Cambridge Solutions as the outstanding amounts against the above facilities have been completely repaid and the facilities have been closed.

Cambridge Solutions along with its subsidiaries is a business solutions provider offering consulting, business process outsourcing, Enterprise and IT services. With operations across the globe, the company’s key verticals include banking and financial services, insurance, manufacturing and logistics, emerging markets, finance and accounting and claims management.

Xchanging Solutions Share Price

68.09 -1.58 (-2.27%)
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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