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New Delhi [India], April 17: CARE Ratings has reaffirmed its ‘CARE A’ (Stable) rating for Fusion Finance Limited’s debt instruments, supported by a sequential improvement in asset quality.
The rating action covers ₹150 crore of non-convertible debentures and ₹1,500 crore of long-term bank facilities, both retained at ‘CARE A’ (Stable), reflecting stable operational and financial performance alongside strengthening asset quality.
The stable outlook factors in sequential…
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New Delhi [India], April 17: CARE Ratings has reaffirmed its ‘CARE A’ (Stable) rating for Fusion Finance Limited’s debt instruments, supported by a sequential improvement in asset quality.
The rating action covers ₹150 crore of non-convertible debentures and ₹1,500 crore of long-term bank facilities, both retained at ‘CARE A’ (Stable), reflecting stable operational and financial performance alongside strengthening asset quality.
The stable outlook factors in sequential…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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