Don’t miss the latest developments in business and finance.

Tata Motors gets downgrade in credit ratings from ICRA

Image
Capital Market
Last Updated : Aug 05 2019 | 6:16 PM IST
Tata Motors has received revision in credit ratings from ICRA as follows -

Non convertible debentures - ICRA AA-/Negative (downgraded from ICRA AA/ Negative)
Long term loans - ICRA AA-/Negative (downgraded from ICRA AA/ Negative)
Long term fund based facilities - ICRA AA-/Negative (downgraded from ICRA AA/ Negative)
Commerical paper programme - ICRA A1+ (reaffirmed)
Short term debt programme - ICRA A1+ (reaffirmed)
Non fund based facilities long term/ short term - ICRA AA- / Negative/ ICRA A1+ (reaffirmed)

Powered by Capital Market - Live News

Also Read

First Published: Aug 05 2019 | 5:57 PM IST

Next Story