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| Exchange Disseminated Time | PTC India Financial Services Ltd has informed BSE that PFS has received the credit rating of "ICRA A+" and "CARE A+" from ICRA and CARE respectively for borrowings through NCDs up to Rs. 300 Crore. Instrument with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk.
Further to this, ICRA has withdrawn the 'Stable' outlook from the previous outstanding ratings assigned to Company. However, there is no change in the rating assigned to Company which is "ICRA A+". |
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