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LIC awarded AAA ratings by Crisil and Care
SME News, Wednesday, Dec 08, 2010 15:48:51 PM IST
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MUMBAI: Amidst all the controversies surrounding, LIC Housing Finance has been awarded highest credit ratings from Crisil and Care for debt instruments. Crisil and Care are the major rating agencies.
The ratings were announced yesterday by Care, while that of Crisil was awarded on November 29. LIC is awarded AAA rating by Care.
The LIC Housing Finance is yet to get over its shakes post the arrest of its Chief Executive, Ramachandran Nair in a loan-scam.
