From THE HINDU group of publications
Sunday, November 19, 2000
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From THE HINDU group of publications Sunday, November 19, 2000 |
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Citicorp Finance India
Crisil said it has assigned `AAA' rating, indicating highest safety, to the Rs 150-crore debenture programme of Citicorp Finance India Ltd.
It said it reaffirmed the `AAA' rating, indicating highest safety, assigned to the Rs 250-crore debenture programme of the company.
The rating of Citicorp Finance India Ltd (CFIL) factors in the parentage of CFIL (100 per cent owned by Citibank NA through Citibank Overseas Investment Corporation), Citibank NA's strengths, as reflected in its international ratings, the strategic importance of CFIL to Citibank NA's operations and the support extended by Citibank in terms of management and information system.
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