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Shriram Transport Finance Company receives reaffirmation in credit ratings

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Capital Market

From CARE

Shriram Transport Finance Company announced that CARE has reaffirmed its Ratings in respect of Non Convertible Debentures, Subordinated Debentures and Commercial Papers issued by the Company and revised its outlook of the instruments issued by the Company to 'Stable' from ' Negative'.

Non-Convertible Debentures CARE AA+/Stable (Outlook revised from 'Negative' and rating reaffirmed)
Subordinated Debt CARE AA+/Stable (Outlook revised from 'Negative' and rating reaffirmed)
Commercial Paper CARE A1+ (Reaffirmed)

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First Published: Mar 30 2021 | 6:36 PM IST

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