Piramal Finance Receives "CRISIL AA+/Stable" Rating for Bank Loans and NCDs
Piramal Finance Limited has received updated credit ratings from CRISIL Ratings Limited. CRISIL has assigned a long-term credit rating of "CRISIL AA+/Stable" to the company's bank loan facilities and ...
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Why is Piramal Finance Limited in the news today?
Piramal Finance Limited (PIRAMALFIN) is in the news due to the company received a positive credit rating upgrade/affirmation, indicating a stable financial outlook.
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Piramal Finance Receives "CRISIL AA+/Stable" Rating for Bank Loans and NCDs
January 4, 2026, 01:32 PM
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Piramal Finance Limited has received updated credit ratings from CRISIL Ratings Limited. CRISIL has assigned a long-term credit rating of "CRISIL AA+/Stable" to the company's bank loan facilities and its Non-Convertible Debentures (NCDs). Additionally, the "CRISIL A1+" rating assigned to the company's Commercial Papers has been reaffirmed.
These ratings reflect Piramal Finance's strong business, financial, and risk profile as an Upper Layer Non-Banking Financial Company (NBFC). The company has enclosed copies of the rating letters from CRISIL and will make this information available on its website as per SEBI regulations.
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