Capri Global Capital Limited has informed the Exchange about Credit Rating- New by Fitch Ratings Limited
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Fitch Ratings Limited has assigned new credit ratings to Capri Global Capital Limited, a non-banking financial company (NBFC). The company received a Long-Term Issuer Default Rating of 'BB-' with a Stable outlook, and a Short-Term Issuer Default Rating of 'B'. The Local Currency Long-Term Issuer Default Rating was also assigned at 'BB-' (Stable). These ratings were received by the company on March 17, 2026, at 4:02 p.m. IST. The rating rationale is published on Fitch's website and the company's website.
The 'BB-' rating is below investment grade (commonly called a 'junk' rating), which typically means higher borrowing costs for the company going forward. However, the Stable outlook suggests Fitch does not foresee near-term changes in the company's credit profile.