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XPRO India receives revision in ratings outlook for bank facilities

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Capital Market
XPRO India announced that the company has applied for one-time restructuring of existing bank loans under the Resolution Framework for COVID-19 Related Stress as per policy recently announced by Reserve Bank of India and therefore Brickwork Ratings India have revised rating outlook from 'Stable' to 'Credit Watch with developing implications' for its existing bank loan facilities.

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First Published: Dec 11 2020 | 3:19 PM IST

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