Credit rating agency, Credit Analysis & Research (CARE) has assigned ‘AA+’ rating to Capital First’s proposed non convertible subordinate debentures issue.
Besides, Brickworks Ratings India had, recently, revised the outstanding ratings of Capital First’s existing non-convertible debentures (NCD) issues from ‘AA -’ with stable outlook to ‘AA +’ with stable outlook and the same rating had also been assigned to the company’s proposed NCD issue.
Capital First, formerly Future Capital Holdings, is amongst the fastest growing financial services company in India, with presence in asset advisory, retail financial services and proprietary research.
