Xchanging Solutions Ltd.

ICRA has withdrawn ‘LBBB-‘ (stable) rating assigned to Rs 13.5 crore long-term fund based facilities and ‘A3’ rating assigned to Rs 22.0 crore short-term fund based facilities of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.