LIVE MARKET TRACKER :   BSE SENSEX   33572.79      |    NSE NIFTY 10351.45    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Corporate  :  ICRA upgrades Muthoot Finance long term debt rating to AA

ICRA upgrades Muthoot Finance long term debt rating to AA (17-Aug-2016)

ICRA has upgraded long term debt rating of Muthoot Finance from 'AA-' to 'AA which indicates positive change in comparative standing within 'AA' rated category. 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 that Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. ICRA may apply '+' (plus) or '-' (minus) sign to this rating to indicate their relative position within the category.

Muthoot Finance is the largest gold financing company in India in terms of loan portfolio. The company is a Systemically Important Non-deposit taking NBFC. In addition to financing gold transactions, the company offers foreign exchange services, money transfers, wealth management services, travel and tourism services, and sells gold coins
 



Top News Today
Moody's upgrades Vedanta Resources' corporate family rating
(21-Nov-2017)

MoodyCredit rating agency, Moody's Investors Service has upgraded London-based Vedanta Resources' corporate family rating (CFR) and senior unsecured bond rating and placed a stable rating outlook for the company.The......click on news to read complete article.

Artefact Projects bags various orders worth Rs 29.26 crore
(21-Nov-2017)

Artefact Projects bags various orders worth Rs 29.26 croreArtefact Projects has secured various projects aggregating Rs 29.26 crore. The company has received orders worth Rs 17.71 crore from Ministry of Road Transport and Highways. This includes Independent Engineer......click on news to read complete article.

Yes Bank raising $400 mn through Syndicated loan transactions in Taiwan, Japan
(21-Nov-2017)

Yes Bank raising $400 mn through Syndicated loan transactions in Taiwan, JapanYes Bank is raising $400 million (mn) through two Syndicated loan transactions in Taiwan and Japan - comprising of $250 mn from Taiwanese banks and around $150 mn from Japan. Yes Bank has successfully......click on news to read complete article.

International Stock News
Asian markets trade mostly lower in early deals on Monday
(20-Nov-2017)

Asian markets trade mostly lower in early deals on MondayMost of the Asian equity benchmarks are trading in red in the early deals on Monday as investors took a cue from Wall Street last week and noted a light week ahead in the US market with a major holiday......click on news to read complete article.

US markets closed lower as investors weighed tax plan
(18-Nov-2017)

US markets closed lower as investors weighed tax planThe US markets closed lower on Friday, with the S&P 500 and the Dow logging a second straight week of losses as investors tracked the progress of the Republican tax cut plan wending its way through......click on news to read complete article.

US markets closed lower on Tuesday
(15-Nov-2017)

US markets closed lower on TuesdayThe US markets closed lower on Tuesday, with Wall Street slumping in the face of uncertainty around efforts to overhaul tax policy and a downturn in crude-oil futures. The Dow and S&P 500 finished......click on news to read complete article.

 

     
  
Recent Corporate News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.