CRISIL upgrades Fusion Micro Finance Limited to 'CRISIL A+/Stable'
Oct 04, 2023
New Delhi [India], October 4: Fusion Micro Finance [BSE (BOM: 543652) and NSE (NSE: FUSION)], one of India's leading NBFC-MFIs, has announced that CRISIL, the Credit Rating Agency, has upgraded its credit rating on the Bank Loan Facilities and Non-Convertible Debentures of Fusion Micro Finance Limited to 'CRISIL A+/Stable' from 'CRISIL A/Stable'. Notably, this is the second upgrade by CRISIL for Fusion Micro Finance Limited in a short span of 11 months. In November 2022, CRISIL had upgraded Fusion Micro Finance Limited to 'CRISIL A/Stable' from 'CRISIL A-/Stable'.
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