CRISIL Ratings Limited has reaffirmed Maruti Suzuki India Limited’s credit ratings for bank facilities. The long-term rating remains at CRISIL AAA/Stable, and the short-term rating is CRISIL A1+. These ratings apply to bank facilities totaling INR 10,000 Crore, enhanced from INR 5,000 Crore. The reaffirmation reflects Maruti Suzuki’s stable financial outlook.
Credit Ratings Reaffirmed
Maruti Suzuki India Limited has announced that CRISIL Ratings Limited has reaffirmed its credit ratings. This decision pertains to the company’s ratings for bank facilities, reflecting a consistent financial assessment.
Rating Details
The reaffirmed ratings are as follows:
- Long Term Rating: CRISIL AAA/Stable (Reaffirmed)
- Short Term Rating: CRISIL A1+ (Reaffirmed)
These ratings are applicable to bank facilities amounting to INR 10,000 Crore, which represents an enhancement from the previous INR 5,000 Crore.
Source: BSE