Mahindra & Mahindra Financial Services Secures Top CRISIL Ratings

Mahindra & Mahindra Financial Services has received reaffirmed credit ratings from CRISIL. Key ratings include CRISIL AAA/Stable for ₹24,000 crore in non-convertible debentures, ₹3,113.50 crore in subordinated debt, and ₹12,000 crore in fixed deposits. Additionally, the company secured CRISIL A1+ for ₹15,000 crore in commercial paper and short-term bank loans. Long-term bank loans of ₹13,317 crore were rated CRISIL AAA/Stable. These ratings highlight the company’s robust financial stability and strong creditworthiness.
Source: Business Standard