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Dun & Bradstreet conferred D&B Rating 1 to M&M

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 11:53 PM IST

Dun & Bradstreet, today assigned D&B Rating 1 to Mahindra and Mahindra (M&M). This rating indicates that the company has a very high level of creditworthiness and strong corporate governance practices. Rating 1 score is continuously updated and reflects the prevailing situation at a company.

Kaushal Sampat, President and CEO, Dun & Bradstreet India said, “The D&B Rating helps to quickly assess a firm's size and composite credit appraisal, based on the information in the company's financial statement and an overall evaluation of its creditworthiness.”

The D&B Rating system has been recognised as a predictive indicator to assess business risks and provide an overall evaluation of a firm's creditworthiness. This rating is valued globally as an informed opinion on the fundamental soundness of a company and the overall risk associated in conducting business with it.

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First Published: Aug 04 2011 | 1:55 PM IST

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