Mumbai, Sept. 23 -- Jai Balaji Industries has received downgrade in credit ratings for bank facilities as under:

Total bank facilities rated - Rs 995 crore

Long term rating - CRISIL BBB/ Stable (downgraded from CRISIL BBB+/ Stable)

Short term rating - CRISIL A3+ (downgraded from CRISIL A2)

Published by HT Digital Content Services with permission from Capital Market....