Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
1092.60
4.90 (0.45%)
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CRISIL upgrades ratings assigned to Bajaj Finance’s bank facilities

Date: 06-10-2016

Credit rating agency, CRISIL has upgraded rating of Bajaj Finance’s bank facilities. The credit rating agency has upgraded company’s rating in respect of Long Term Bank Loan, Non-Convertible Debentures, Subordinated Debt and Lower Tier-II Bonds from ‘AA+/positive’ to ‘AAA/stable’ outlook.

Besides, the credit rating in respect of short term bank loan, short term debt and fixed deposits continues to remain the same ie., ‘A1+’ for short term bank loan and short term debt and ‘FAAA/Stable’ for fixed deposits.