reaffirms

CARE has reaffirmed ‘AAA’ ratings to Axis Bank’s Lower Tier II Bonds worth of Rs 10,000 crore. The rating factors in the healthy business growth complemented by robust branch network, experienced senior management, stable financial performance, comfortable capitalization levels, healthy...

Credit rating agency, Credit Analysis & Research (CARE) has reaffirmed the credit rating of ‘A+’ assigned to long term bank facilities of Dhunseri Petrochem & Tea and ‘A1+’ rating assigned to short term facilities of the company. At the same time CARE has reaffirmed the credit rating of ‘A1+’...