Ind-Ra reconfirms IND A+ rating on IRB Infra bank facilities
Thu, Jul 22, 2021 12:24 PM

Ind-Ra reconfirms IND A+ rating on IRB Infra bank facilities

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India Ratings and Research reconfirmed IRB Infrastructure Developers Limited (IRB Infra) long-term Issuer Rating at ‘IND A+’.  The rating on non–fund based bank facilities Rs1,200cr stood at IND A+/Negative/IND A1+. The outlook was revised to Negative. The credit rating agency affirmed A+/Negative/IND A1+rating on term-loan Rs1,231.53cr. Outlook revised to Negative.

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