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CARE Ratings has reaffirmed the 'A1+' credit rating for various debt instruments of Central Bank of India, maintaining a stable outlook.
CARE Ratings has reaffirmed the 'CARE A1+' credit rating for Central Bank of India's Rs. 20,000 Crore Certificate of Deposits programme.
CARE Ratings reaffirmed Bank of Baroda's credit ratings with a stable outlook. The reaffirmation considers the bank's majority government ownership and strong systemic importance.
India Ratings revised Spandana Sphoorty's outlook to Stable and affirmed the rating at IND BBB+ for its NCDs and bank loan facilities.
India Ratings affirmed Torrent Pharmaceuticals' existing credit ratings and revised the outlook to positive. The company's commercial paper rating was also affirmed and assigned.
ICRA has reaffirmed the credit ratings for the bank facilities of Vaibhav Global Limited. The rating action confirms the existing credit facilities for the company.
Veegaland Developers has received a credit rating of [ICRA]BBB+ (Stable) for bank facilities aggregating to ₹500 Crore from ICRA Limited.
CARE Ratings Limited upgraded Adani Enterprises Limited's long-term credit rating to AA Stable. This upgrade reflects the company's disciplined capital management and strengthened credit profile.
CARE Ratings Limited has updated the credit ratings for EPL Limited, reaffirming short-term ratings and maintaining long-term ratings on watch with developing implications.
Evonile Pharma Limited has received credit ratings from CARE Ratings Limited for its bank facilities. The company disclosed the ratings as part of its regulatory filings.
India Ratings affirmed the credit rating for IRM Energy's bank loan facilities totaling ₹700 Crore. The rating remains unchanged.
CARE Ratings reaffirmed the credit rating for Bhageria Industries' bank facilities of ₹141.00 Crore and removed them from the 'Rating Watch with Negative Implications'.
CARE Ratings has reaffirmed the credit ratings of Mukka Proteins Ltd at CARE BBB-; Stable / CARE A3.
CARE Ratings reaffirmed the credit ratings for Mukka Proteins Ltd's bank facilities totaling ₹495 Crore and revised the outlook from Negative to Stable.
CareEdge Ratings has revised the outlook to 'Positive' and reaffirmed credit ratings for various bank facilities and commercial paper of Steel Authority of India Limited.
Infomerics assigned fresh credit ratings to NIBE's bank facilities: IVR BBB-/Stable long-term and IVR A3 short-term. The ratings cover total bank loan facilities of Rs.180 Crore.
Infomerics rated Kanoria Chemicals' long-term bank facilities IVR BBB-/Stable and short-term facilities IVR A3. The rating covers a total of Rs.162.07 Crore in rated bank loan facilities.
CARE Ratings reaffirmed RCF's Commercial Paper rating at CARE A1+ for a Rs.3000 Crore facility. The reaffirmation reflects stable capital structure and strong government-backed liquidity.
BirlaNu's ICRA ratings reaffirmed at AA- (Negative)/A1+ with rated amount enhanced to Rs. 1,050 crore. Negative outlook persists amid debt-funded acquisitions and gradual earnings recovery.
Sarda Energy's long-term credit rating was upgraded by CRISIL from AA-/Positive to AA/Stable. Short-term rating A1+ was reaffirmed on the company's bank facilities.
S&P Global Ratings reaffirmed Union Bank of India's issuer credit rating at BBB/Stable/A-2. The stand-alone credit profile remains bbb- with a Stable outlook, reflecting strong government support.
CARE Ratings upgraded Manba Finance's credit rating from BBB+ to A- with a stable outlook. The upgrade reflects sustained AUM growth and lower funding costs for the two-wheeler lender.
Juniper Green Energy announced that ICRA and India Ratings upgraded the credit ratings of the term loan facilities of its two wholly-owned subsidiaries.
CRISIL Ratings upgraded the long-term credit rating of PNB Housing Finance Limited to 'Crisil AAA/Stable' from 'Crisil AA+/Stable' and reaffirmed the short-term rating.
Care Ratings has reaffirmed and assigned new credit ratings to the bank facilities of Popular Autoworks Private Limited, a wholly-owned subsidiary of the company.
Infomerics Valuation and Ratings Limited has withdrawn the long-term credit rating of 'IVR BB+/Stable' for Omaxe Limited with immediate effect.
Infomerics downgraded credit ratings for Kings Infra Ventures' bank facilities and NCDs, citing non-cooperation. The rating action applies to existing debt instruments.
Acuite Ratings assigned a long-term rating of 'ACUITE BBB-/Stable' and a short-term rating of 'ACUITE A3' to Visaman Global Sales Limited's Rs.100 Crore bank facilities.
India Ratings reaffirmed the 'IND AA/Stable' rating for Punjab & Sind Bank's Rs 3,000 Crore infrastructure bonds.
Infomerics assigned credit ratings to Golkunda Diamonds & Jewellery Ltd's bank facilities totaling Rs. 49 Crore. The ratings cover the company's long-term and short-term facilities.