ICRA assigns A1+ rating to Capri Global Capital's CP programme
after close1 source ↓written by the desknot a recommendation
- Capri Global Capital's
- ₹1,500 crore Commercial Paper programme
ICRA has assigned an A1+ rating to Capri Global Capital's ₹1,500 crore Commercial Paper programme. This rating indicates a very strong degree of safety for timely payments and minimal credit risk. The rating reflects the diversified lending book of CGCL across various sectors, including gold and MSME finance.
The rating is expected to enhance investor confidence and may lead to improved liquidity for CGCL in the capital markets.
Not investment advice. For informational purposes only.