Poonawalla Fincorp receives ratings action from CARE

Poonawalla Fincorp announced that CARE Ratings has assigned the rating CARE PP-MLD AA+; Stable for the company's proposed Rs 250 crore Principal Protected Market Linked Debentures.

Further, CARE Ratings has reaffirmed the ratings of various long-term and short-term bank facilities/instruments of Poonawalla Fincorp at CARE AA+; Stable and CARE A1+.

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