Sbfc Finance Limited has informed the Exchange about Credit Rating
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SBFC Finance Limited has received a credit rating affirmation from ICRA Limited for its long-term fund-based bank facilities worth Rs 2,100 crore. The rating has been reaffirmed at [ICRA]AA- with a Stable outlook. This rating applies to multiple bank facilities including those from major lenders such as State Bank of India (Rs 447.33 crore total), Yes Bank (Rs 448.97 crore total), Canara Bank (Rs 368.08 crore total), and others. ICRA noted that the rating will be reviewed within one year but reserved the right to revise it earlier based on new information. The company operates in the non-banking financial services sector focused on gold loans and small business financing.
The reaffirmation of a high investment-grade rating (AA-) indicates SBFC Finance continues to maintain strong creditworthiness and financial stability. This should support the company's ability to access bank credit at favorable interest rates and maintain investor confidence in the stock.