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Home Credit India Gets Stable Rating from Fitch Group Company, Upgrade from CARE | ||
Gurgaon | New Delhi, India
Home Credit India Finance Pvt. Ltd., one of India’s fastest growing non-banking finance company, has been assigned an IND A−/Stable rating from India Ratings and Research Pvt. Ltd., a Fitch Group company. Separately, the rating has been upgraded by CARE Ratings to A- from BBB+. The new rating is based on factors like experienced management team, comfortable capitalization and liquidity, adequate risk monitoring & appraisal systems, unique business model, high focus on Indian market, cost efficient point of sale network and continuous support by Home Credit Group. |
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