Mangal Credit Fincorp's Bank Loans and NCDs Rated BBB Stable by CRISIL
Mangal Credit and Fincorp Limited announced on December 31, 2025, that CRISIL Ratings Limited has reaffirmed the credit ratings on the company's Bank Loan Facilities and Non-Convertible Debentures. T...
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Why is Mangal Credit and Fincorp Limited in the news today?
Mangal Credit and Fincorp Limited (MANCREDIT) is in the news due to the announcement is a routine credit rating reaffirmation, which is generally considered neutral unless there are significant changes or outlook shifts.
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Mangal Credit Fincorp's Bank Loans and NCDs Rated BBB Stable by CRISIL
December 31, 2025, 12:34 PM
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More Details on This News
Mangal Credit and Fincorp Limited announced on December 31, 2025, that CRISIL Ratings Limited has reaffirmed the credit ratings on the company's Bank Loan Facilities and Non-Convertible Debentures.
The total Bank Loan Facilities rated have been reaffirmed at CRISIL/BBB Stable, with an enhanced amount of ₹400 Crore, up from ₹200 Crore. The Non-Convertible Debentures have also been reaffirmed at CRISIL/BBB Stable, with an amount of ₹50 Crore.
The rating rationale from CRISIL is attached to the intimation, and the information will be available on the company's website, www.mangalfincorp.com.
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