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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