Shriram City Union Finance receives revision in credit ratings

From CARE

Shriram City Union Finance has received revision in credit ratings from CARE as under:

Commercial Paper (Rs 3000 crore) - CARE A1+ (reaffirmed)

Fixed Deposits (Rs 10 crore) - CARE AA(FD); Stable (revised from CARE AA+(FD); Negative)

Non-Convertible Debentures - III (Rs 1 crore) - CARE AA; Stable (revised from CARE AA+; Negative)

Non-Convertible Debentures - XXII (Rs 500 crore) - CARE AA; Stable (revised from CARE AA+; Negative)

Non-Convertible Debentures - XXIII (Rs 195 crore) - CARE AA; Stable (revised from CARE AA+; Negative)

Non-Convertible Debentures - XXVI (Rs 390 crore) - CARE AA; Stable (revised from CARE AA+; Negative)

Non-Convertible Debentures - XXVII (Rs 600 crore) - CARE AA; Stable (revised from CARE AA+; Negative)

Non-Convertible Debentures - XXVIII (Rs 2000 crore) - CARE AA; Stable (revised from CARE AA+; Negative)

Non-Convertible Debentures - XXIX (Rs 1000 crore) - CARE AA; Stable (revised from CARE AA+; Negative)

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