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Every Purple Finance credit rating announcement on NSE and BSE, newest first, each with its own page.
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Purple Finance received India Ratings' IND BBB-/Stable assignment on new NCDs and bank loans, and affirmation on existing ones. The rating covers NCDs of Rs 300 Crore and bank facilities of Rs 200 Crore.
India Ratings and Research has assigned a rating of 'IND BBB-/Stable' to Purple Finance Limited's additional ₹50 Crore NCDs and affirmed existing ratings for ₹50 Crore NCDs and ₹125 Crore bank facilities. The ratings reflect adequate capitalization and experienced leadership, though constrained by a modest scale of operations.