Corporate News     25-Oct-17
Tata Teleservices (Maharashtra) gets revision in credit ratings
From CARE
Tata Teleservices (Maharashtra) announced that CARE Ratings has revised ratings on the bank facilities of the Company and has placed on 'credit watch with developing implications' as under -

Long term bank facilities (Rs 5433 crore) - CARE A-
Bank facilities - fund based - LT- cash credit (Rs 140 crore) - CARE A-
Bank facilities - non fund based - ST- BG (Rs 1005 crore) - CARE A2+
Bank facilities - fund based - ST-term loan (Rs 550 crore) - CARE A2+
Bank facilities - proposed (Rs 98 crore) - CARE A-/CARE A2+

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