NBFC crisis: Icra cuts Piramal Cap’s long-term rating to AA

The agency cut ratings of non-convertible debentures, subordinated (Tier-II) bonds, long-term funds-based limits and long-term loans to AA from AA+,amounting to Rs 20,867 crore.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2X7qJBc