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05-Dec2017

CRISIL assigns 'A1+' rating to proposed short term debt issue of Edelweiss Financial

Credit rating agency, CRISIL has assigned the rating of 'A1+' to the proposed short term debt issue aggregating to Rs 800 crore of Edelweiss Financial Services. Another credit rating agency, ICRA too assigned the rating 'A1+' to the proposed CP Programme of Rs 800 crore of the company.

Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.


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