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Spandana Sphoorty Financial receives ratings action from CARE

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Spandana Sphoorty Financial has received credit rating from CARE Ratings for various instruments of the company as under:

Instruments Amount (Rs crore) Rating action Long term bank facilities

1,500

CARE A+; Stable (reaffirmed) Non convertible debentures

200

CARE A+; Stable (assigned) Non convertible debentures

500

CARE A+; Stable (reaffirmed) Commercial paper

100

CARE A1+; Stable (reaffirmed)

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First Published: Oct 03 2024 | 2:23 PM IST

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