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.
- CARE IFIN Rating Rationale FY 2015
- CARE IFIN Rating Rationale FY 2014
- CARE IFIN Rating Rationale FY 2013
- CARE IFIN Rating Rationale FY 2012
- CARE IFIN Rating Rationale 2011
- CARE IFIN Rating Rationale FY 2010
- CARE IFIN Rating Rationale FY 2009
- CARE IFIN Rating Rationale FY 2008
- CARE IFIN Rating Rationale FY 2007
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.
- IFIN Credit Perspective FY 2014
- IFIN Ratings Press Release April 2013
- IFIN Long Term Rating Press Release Dec 2011
- IFIN Long Term Rating Press Release Nov 2011
- IFIN Short Term Rating Press Release Nov 2011
- Rating action commentary Nov 2010
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.
- ICRA IFIN Credit Perspective FY 2015
- ICRA IFIN Rating Rationale FY 2014
- ICRA IFIN Rating Rationale FY 2012
- ICRA IFIN Credit Perspective April 2011
- ICRA IFIN Credit Perspective Dec 09
- ICRA IFIN Rating Rationale Dec 09
- ICRA IFIN Rating Rationale FY 2008
- ICRA IFIN Credit Perspective FY 2007
- ICRA IFIN Rating Rationale FY 2007