Bharat Bijlee has received revision in credit ratings from ICRA as under:
Fund based limits (Rs 450 crore) - [ICRA]AA-(Stable)/[ICRA]A1+
(Long term rating upgraded from [ICRA]A+ and short-term rating reaffirmed; Outlook revised to Stable from Positive; assigned for enhanced limit)
Non fund based limits (Rs 750 crore) - [ICRA]AA-(Stable)/[ICRA]A1+
(Long term rating upgraded from [ICRA]A+ and short-term rating reaffirmed; Outlook revised to Stable from Positive; assigned
for enhanced limits)