Corporate News     07-Jan-23
Mahindra & Mahindra Financial Services receives ratings action from CRISIL

Mahindra & Mahindra Financial Services has received revision in credit ratings from CRISIL as under:

 Instrument

 Existing

Revised  

 Rating Action

  Long term rating

CRISIL AA+/ Stable 

CRISIL AAA/ Stable 

Upgradation 

  Short term rating

CRISIL A1+ 

CRISIL A1+ 

Reaffirmation  

  Non convertible debentures

- 

CRISIL AAA/ Stable 

Assigned  

  Subordinated debt programme

CRISIL AA+/ Stable   

CRISIL AAA/ Stable 

Upgradation   

  Commercial paper programme

CRISIL A1+ 

CRISIL A1+ 

Reaffirmation    

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 ( Hot Pursuit - 03-Mar-23   10:33 )
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 ( Corporate News - 23-Mar-23   14:52 )
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  Mahindra Finance partners with CRIF to enhance customer onboarding experience
 ( Hot Pursuit - 29-Aug-22   12:51 )
  RBI directs Mahindra Finance to cease carrying outsourced recovery activities
 ( Corporate News - 23-Sep-22   15:25 )
  Mahindra Finance spurts after disbursement zooms 110% YoY in September 2022
 ( Hot Pursuit - 04-Oct-22   09:47 )
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 ( Results - Announcements 02-May-22   17:13 )
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