India, April 10 -- Shriram Finance announced that CRISIL Ratings has upgraded the Company's Long-Term Rating to 'Crisil AAA/Crisil PPMLD AAA/Stable' and removed the ratings from Watch with Positive Implications and has reaffirmed its 'Crisil A1+' Short-Term Rating. Further, on Company's request CRISIL has withdrawn its rating on Non-Convertible Debentures of Rs.1,190 crore, Long-Term Principal Protected Market Linked Debentures of Rs.50 crore and Subordinated Debt of Rs.40 crore upon its redemption.
Published by HT Digital Content Services with permission from Pivotal Sources....