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Mahindra & Mahindra Financial Services receives ratings action from India Ratings & Research

By Business Standard - 8 months ago
1 Non-convertible Debentures (Rs 39000 crore) - IND AAA'/ Outlook Stable 2 Retail Non-convertible Debentures (Rs 10000 crore) - IND AAA'/ Outlook Stable (The rated limit is interchangeable with retail subordinated debt) 3 Private Sub Debt (Rs 3450 crore) - IND AAA'/ Outlook Stable 4 Principal Protected Market Linked Debenture (Rs 1500 crore) - IND PP-MLD AAA/Stable 5 Retail Subordinate Debt (Rs 3000 crore) - IND AAA'/ Outlook Stable 6 Commercial Paper (Rs 15000 crore) - IND A1+

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