From CRISIL
Cholamandalam Investment & Finance Company announced that CRISIL vide its letter dated 22 June 2015 has upgraded the rating for the long-term debt instruments of the Company to 'CRISIL AA/Stable' from 'CRISIL AA-/Positive'. The outlook on the above debt instruments denotes high degree of safety regarding timely servicing of financial obligations and such instruments carry very low credit risk.Powered by Capital Market - Live News