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Mahindra Finance credit ratings reaffirmed by CRISIL

February 21, 2025 at 09:31 AM UTCBy FilingReader AI

Mahindra & Mahindra Financial Services (BSE:M&MFIN) announced the reaffirmation of its credit ratings by CRISIL Ratings Limited on February 18, 2025. The ratings, received at 2:13 p.m. (IST), cover various debt instruments. CRISIL reaffirmed the AAA/Stable rating for non-convertible debentures (amounting to ₹24,000 crore), subordinated debt (₹3,113.50 crore), and fixed deposits (₹12,000 crore). Commercial paper was rated CRISIL A1+. Bank loans have been rated CRISIL AAA/Stable for the long term and CRISIL A1+ for the short term. The information is available on the company's website.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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