Motilal Oswal credit rating upgraded to IND AA+/Stable
after close1 source ↓written by the desknot a recommendation
Motilal Oswal Financial Services Limited (MOFSL) has received a credit rating upgrade to ‘IND AA+/Stable’ from ‘IND AA/Positive’ by India Ratings & Research. This reflects MOFSL’s improved business profile, driven by growth in asset management and rising fee-based income. Key instruments, including Non-Convertible Debentures, also saw upgrades, indicating enhanced financial stability.
Not investment advice. For informational purposes only.