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Prospect News home > News index > List of issuers S > Headlines for Swadhaar FinServe Pvt. Ltd. > News item |
Fitch: Swadhaar at BB-(ind)
Fitch Ratings said it assigned Swadhaar FinServe Pvt. Ltd. a national long-term rating of Fitch BB-(ind).
The outlook is stable.
The agency said it has also assigned the company's 250 million rupees of bank loans and non-convertible debentures a national long-term rating of Fitch BB-(ind).
The ratings are constrained by Swadhaar's small size, geographical concentration, brief operating history and weak earnings profile, Fitch said.
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