ICRA UPGRADES MUTHOOT FINANCE LONG TERM DEBT RATING FROM AA-/STABLE TO AA/STABLE
Mumbai, August 17, 2016: ICRA has upgraded long term debt rating of Muthoot Finance from “AA-/STABLE“ TO “AA/STABLE”. Long term debt rating covers debt instruments of above one year. Short term debt rating covers debt instruments of upto one year. Under ICRA rating scale, “AA” rating carries a meaning “Instruments with this rating are …