SATINSatin Creditcare Network Limited
Satin Creditcare’s proposed ₹200 crore commercial paper rated BWR A1+ by Brickwork
- Credit rating
- NBFC
Satin Creditcare Network Limited has told the exchanges on 9 Oct 2026 that Brickwork Ratings India Private Limited has assigned a BWR A1+ rating to its proposed commercial paper issue of ₹200 crore, with a tenor of up to 180 or 364 days. The rating letter, dated 9 Oct 2026, was filed along with the intimation.
The company quotes Brickwork as saying that instruments with this rating carry a very strong degree of safety regarding timely servicing of financial obligations and the lowest credit risk.
Inference
The rating applies to a proposed issue, so it allows the company to raise short-term funds but does not show that it has done so. The filing does not state when the paper will be issued.
Reference: Original filing (PDF)
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