ICRA Limited vide its letter dated September 20, 2022 has reaffirmed Issuer Rating at [ICRA]AAA (Stable). The outlook on the long-term rating is Stable.
Instruments with [ICRA]AAA rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk. The Outlook on the long-term rating is Stable.