Steel Authority of India gets revision in credit ratings from India Ratings & Research

Steel Authority of India has received revision in credit ratings from India Ratings and Research as under -

Long Term Bond - IND AA-/ Negative (Affirmed; Outlook Revised to Negative from Stable)

Commercial paper - IND A1+ (Affirmed)

Non fund based limits - IND AA-/ Negative (Affirmed; Outlook Revised to Negative from Stable)

Fund based working capital limits - IND AA-/ Negative/ IND A1+ (Affirmed; Outlook Revised to Negative from Stable)

Non fund base working capital limits - IND A1+ (Affirmed)

Bank loan - IND AA-/ Negative (Affirmed; Outlook Revised to Negative from Stable)

Public Deposit - IND tAAA/Negative (Affirmed; Outlook Revised to Negative from Stable)

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