Sammaan Capital receives upgrade in LT credit rating from S&P Global Ratings
India, June 3 -- S&P Global Ratings has upgraded Sammaan Capital's long-term [International] credit rating to 'BB-' with Stable Outlook.The rating upgrade reflects the continued strengthening of the Company's credit profile following the strategic investment by International Holding Company PJSC (IHC). S&P expects an improvement in business profile, enhanced funding access, continued strong capitalization, and increase in profitability.With CRISIL having upgraded the Company's long-term rating to 'CRISIL AA+/Stable' on April 9, 2026, CARE Ratings having upgraded the Company's long-term rating to 'CARE AA+; Stable' on May 12, 2026, and ICRA having upgraded the Company's long-term rating to '[ICRA]AA+/Stable' on May 20, 2026, all the major ra...
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