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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