Credit Ratings

IFIN has its borrowing program rated by renowned Rating Agencies - Credit Analysis and Research Ltd (CARE), Investment Information and Credit Rating Agency of India Ltd (ICRA) and India Ratings & Research Pvt Ltd (FITCH). IFIN enjoys the top notch credit rating for its long term and short term borrowing program.

CARE has assigned rating of ‘AAA’ [Triple A] to Long Term Borrowing programme and ' A1+' to Short Term Borrowing Programme of the Company. These rating represent highest degree of safety regarding timely servicing of financial obligation and carry lowest credit risk.
FITCH has assigned a national rating of ‘AAA(ind)’ to Long Term Borrowing programme and ‘F1+Iind)’ to Short Term Borrowing Programme of the Company, which denotes the highest degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.

ICRA has assigned the "A1+" rating to Short Term Borrowing Programme of the Company. This rating is the highest Credit Quality rating assigned by ICRA for Short Term Debt obligation and represents highest degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.