Credit rating agency, CRISIL has reaffirmed A1+ rating to Reliance Capital’s short-term debt programme worth Rs 6,000 crore. The company has received the said rating reaffirmation on the back of its diversified presence across the financial services domain (through its various subsidiaries) and adequate capitalization.
Reliance Capital is a systemically important non-deposit taking NBFC. The company is part of the Reliance group led by Anil Dhirubhai Ambani. It currently operates as the holding company for the group’s entities in the financial services sector.
