CRISIL ratings for Indian debt instruments-Sep 28

Fri Sep 28, 2012 12:55pm IST

Sep 28 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of
India (CRISIL) for local debt instruments as of September 27, 2012.

COMPANY                                 INSTRUMENT            RATING       AMOUNT  MOVEMENT
                                                                          (RS.MLN)
------                                  ----------            ------       -----   ---------
SHORT TERM RATINGS:
-------------------
Advance Metal Powder                    Inland/Import LOC     CRISIL A4    20      Assigned
Apurva India Ltd                        BG                    CRISIL A3    7.5     Suspended
Apurva India Ltd                        LOC                   CRISIL A3    15      Suspended
Aquatech Steelcon Pvt Ltd               BG                    CRISIL A3+   40      Suspended
Aquatech Steelcon Pvt Ltd               LOC                   CRISIL A3+   10      Suspended
Aquatech Steelcon Pvt Ltd               Packing Credit*       CRISIL A3+   14      Suspended
* 100 per cent interchangeable with foreign bill discounting facility
AutoTEC Systems Pvt Ltd                 BG                    CRISIL A4+   37.5    Reaffirmed
AutoTEC Systems Pvt Ltd                 LOC                   CRISIL A4+   20      Reaffirmed
Bilteek Fashions Pvt Ltd                Foreign Bill          CRISIL A4    55      Assigned
                                        Discounting
Bilteek Fashions Pvt Ltd                LOC                   CRISIL A4    10      Assigned
Centum Electronics Ltd                  Packing Credit        CRISIL A2    380     Reaffirmed
Centum Electronics Ltd                  BG **^                CRISIL A2    320     Reaffirmed
**with 100% inter- flexibility between Letter of Credit and Bank Guarantee.
^ Interchangeable with fund based facilities to the extent of Rs.70.00 Million 
Centum Industries Pvt Ltd               BG**                  CRISIL A3    30      Reaffirmed
Centum Industries Pvt Ltd               LOC**                 CRISIL A3    10      Reaffirmed
Centum Rakon India Pvt Ltd              Packing Credit        CRISIL A3+   200     Reaffirmed
Centum Rakon India Pvt Ltd              BG**                  CRISIL A3+   60      Reaffirmed
** Fully interchangeable with letter of credit
Finolex Plasson Industries Pvt Ltd      BG                    CRISIL A2    250     Reaffirmed
Finolex Plasson Industries Pvt Ltd      LOC                   CRISIL A2    285.5   Reaffirmed
Golchha Enterprises Pvt Ltd             Foreign LOC           CRISIL A4    112.5   Assigned
Golchha Enterprises Pvt Ltd             BG                    CRISIL A4    2.5     Assigned
Gujarat Apollo Industries Ltd           LOC                   CRISIL A1    75      Reaffirmed
Gujarat Apollo Industries Ltd           BG                    CRISIL A1    60      Reaffirmed
Hindustan Aeronautics Ltd               LOC                   CRISIL A1+   10300   Reaffirmed
Hindustan Aeronautics Ltd               BG                    CRISIL A1+   200     Reaffirmed
Joseph Leslie Drager Manufacturing Pvt  BG                    CRISIL A3    35      Suspended
Ltd
K Ramachandra Rao Transmission and      LOC                   CRISIL A3+   50      Reaffirmed
Projects Pvt Ltd
K Ramachandra Rao Transmission and      BG                    CRISIL A3+   800     Reaffirmed
Projects Pvt Ltd
K.T.V. Health Food Pvt Ltd              LOC                   CRISIL A4+   950     Assigned
K.T.V. Oils and Fats Pvt Ltd            LOC                   CRISIL A4+   600     Assigned
Karur Vysya Bank Ltd                    CD Programme          CRISIL A1+   20000   Reaffirmed
Kinjal Construction Co.                 BG                    CRISIL A4    15      Reaffirmed
Kothari Waspap Pvt Ltd                  LOC                   CRISIL A4    20      Assigned
Nisan Exports                           Packing Credit*       CRISIL A4+   400     Assigned
* Interchangeable between EPC/ PCFC/FBP/FBD   
Permionics Membranes Pvt Ltd            BG                    CRISIL A3    50      Reaffirmed
Permionics Membranes Pvt Ltd            LOC                   CRISIL A3    25      Reaffirmed
PPS Motors Pvt Ltd                      BG                    CRISIL A3    250     Assigned
Precision Pipes and Profiles Co. Ltd    LOC*                  CRISIL A1    95      Reaffirmed
*Interchangeable with buyer's credit limit of Rs.95 million
Precision Plastic Industries Pvt Ltd    BG                    CRISIL A3+   1.5     Reaffirmed
Precision Plastic Industries Pvt Ltd    LOC                   CRISIL A3+   15      Reaffirmed
Precision UPVC Moulders Pvt Ltd         LOC**                 CRISIL A3+   43      Reaffirmed
**includes sub-limit of buyers' credit of Rs.50 million and bank guarantee of Rs.5.5 Million
Radnik Exports                          Packing Credit^       CRISIL A3+   175     Reaffirmed
^Out of the total PC limit of Rs 275.0 million, the firm is availing a facility of Rs 100.0
million from one of its banker, which includes a ceiling of Rs.60.0 Million for packing credit
limit and post shipment credit limit (Bill Discounting) each, with an overall ceiling of
Rs.100.0 Million
Radnik Exports                          Packing Credit^^      CRISIL A3+   100     Reaffirmed
^^ Includes a ceiling of Rs.60 Million for packing credit limit and post shipment credit limit
(Bill Discounting) each, with an overall ceiling of Rs.100 Million.
Radnik Exports                          Purchase Bill         CRISIL A3+   325     Reaffirmed
                                        Discounting
Raj Shyama Constructions Pvt Ltd        BG                    CRISIL A3    350     Reaffirmed
Rajdhani Crafts                         LOC                   CRISIL A3    20      Suspended
Rajdhani Crafts                         Packing Credit        CRISIL A3    140     Suspended
Raksha TPA Pvt Ltd                      BG                    CRISIL A2    100     Reaffirmed
SA Rawther Spices Pvt Ltd               Foreign Bill Purchase*CRISIL A3    100     Suspended
*Sub-limit of non LC bills for Rs.60.00 Million and sight bills for Rs.5.00 Million
SA Rawther Spices Pvt Ltd               LOC & BG              CRISIL A3    60      Suspended
SA Rawther Spices Pvt Ltd               Packing Credit        CRISIL A3    90      Suspended
Sandeep Enterprises                     LOC                   CRISIL A4    120     Assigned
Saravana Global Energy Ltd              LOC & BG@^            CRISIL A2+   200     Suspended
@Includes proposed bank guarantee/letter of credit of Rs.50 Million. 
^Bank guarantee and letter of credit are interchangeable. 
Shiv Puja Constructions Pvt Ltd         BG                    CRISIL A3    70      Suspended
Shiv Shakti Exports                     Bill Discounting      CRISIL A4    95      Assigned
Shiv Shakti Exports                     Packing Credit        CRISIL A4    95      Assigned
Shree Ambha Associates                  BG                    CRISIL A3    43      Reaffirmed
Shree Ambha Associates                  LOC                   CRISIL A3    2.5     Reaffirmed
Soubhagya Projects Pvt Ltd              BG                    CRISIL A3    200     Suspended
Sri Ramadas Paper Boards Pvt Ltd        Bill Discounting      CRISIL A4+   10      Reaffirmed
Sri Ramadas Paper Boards Pvt Ltd        BG                    CRISIL A4+   2.5     Reaffirmed
Sunfood Corporation                     Foreign Bill Purchase CRISIL A3+   40      Suspended
Sunfood Corporation                     LOC                   CRISIL A3+   40      Suspended
Sunfood Corporation                     Packing Credit        CRISIL A3+   150     Suspended
Tamilnad Mercantile Bank Ltd            CD                    CRISIL A1+   10000   Reaffirmed
Thieh Ingots Pvt Ltd                    LOC & BG              CRISIL A4+   50      Reaffirmed
Varadaraja Agro Industries Pvt Ltd      LOC                   CRISIL A4+   900     Assigned
Vodafone Cellular Ltd                   ST Loan#              CRISIL A1+   2500    Reaffirmed
#Re-allocated from total rupee short-term loan facilities aggregating Rs.60.0 billion of
Vodafone India Ltd and its subsidiaries
Vodafone Digilink Ltd                   ST Loan#              CRISIL A1+   1500    Reaffirmed
#Re-allocated from total rupee short-term loan facilities aggregating Rs.60.0 billion of
Vodafone India Ltd and its subsidiaries

Vodafone East Ltd                       Proposed ST Bk Loan#  CRISIL A1+   1000    Reaffirmed
#Re-allocated from total rupee short-term loan facilities aggregating Rs.60.0 billion of
Vodafone India Ltd and its subsidiaries
Vodafone India Ltd                      LOC & BG*             CRISIL A1+   45.5    Reaffirmed
*Interchangeable among Vodafone India Ltd and its seven subsidiaries: Vodafone South Ltd,
Vodafone Digilink Ltd, Vodafone East Ltd, Vodafone Spacetel Ltd, Vodafone Cellular Ltd, Vodafone
Mobile Services Ltd, and Vodafone West Ltd 
Vodafone India Ltd                      ST Loan#              CRISIL A1+   14.4475 Reaffirmed
#Re-allocated from total short-term loan facilities aggregating Rs.60.0 Billion of Vodafone
India Ltd and its subsidiaries
Vodafone India Ltd                      Proposed ST Bk Loan   CRISIL A1+   10.0525 Reaffirmed
                                        Fac#
Vodafone South Ltd                      ST Loan#              CRISIL A1+   6000    Reaffirmed
#Re-allocated from total rupee short-term loan facilities aggregating Rs.60.0 billion of
Vodafone India Ltd and its subsidiaries
Vodafone Spacetel Ltd                   ST Loan#              CRISIL A1+   17500   Reaffirmed
#Re-allocated from total short-term loan facilities aggregating Rs.60.0 Billion of Vodafone
India Ltd and its subsidiaries
Vodafone Spacetel Ltd                   Proposed ST Bk Loan   CRISIL A1+   5000    Reaffirmed
                                        Fac#
#Re-allocated from total short-term loan facilities aggregating Rs.60.0 Billion of Vodafone
India Ltd and its subsidiaries
Vodafone West Ltd                       Proposed ST Bk Loan#  CRISIL A1+   1000    Reaffirmed
#Re-allocated from total rupee short-term loan facilities aggregating Rs.60.0 billion of
Vodafone India Ltd and its subsidiaries
Zenith Industrial Rubber Products Pvt   Packing Credit        CRISIL A3+   120     Upgraded
Ltd                                                                                from
                                                                                   CRISIL A3
Zenith Industrial Rubber Products Pvt   Bill Purchase -       CRISIL A3+   200     Upgraded
Ltd                                     Discounting Fac                            from
                                                                                   CRISIL A3
Zenith Industrial Rubber Products Pvt   Standby Line of CreditCRISIL A3+   19.8    Upgraded
Ltd                                                                                from
                                                                                   CRISIL A3
Zenith Industrial Rubber Products Pvt   LOC                   CRISIL A3+   140     Upgraded
Ltd                                                                                from
                                                                                   CRISIL A3
Zenith Industrial Rubber Products Pvt   BG                    CRISIL A3+   50      Upgraded
Ltd                                                                                from
                                                                                   CRISIL A3


LONG TERM RATINGS:
-------------------
Advance Metal Powder                    CC                    CRISIL B+    100     Assigned
Apollo Creations Pvt Ltd                Proposed TL           CRISIL B+    142     Assigned
Apollo Creations Pvt Ltd                TL                    CRISIL B+    8       Assigned
Apurva India Ltd                        CC                    CRISIL BBB-  32      Suspended
Apurva India Ltd                        Proposed LT Bk Loan   CRISIL BBB-  39      Suspended
                                        Fac
Apurva India Ltd                        Rupee TL              CRISIL BBB-  6.5     Suspended
Aquatech Steelcon Pvt Ltd               CC                    CRISIL BBB   40      Suspended
Aquatech Steelcon Pvt Ltd               TL                    CRISIL BBB   11.9    Suspended
AutoTEC Systems Pvt Ltd                 CC                    CRISIL BB    20      Upgraded
                                                                                   from
                                                                                   'CRISIL BB+
AutoTEC Systems Pvt Ltd                 Proposed LT Bk Loan   CRISIL BB    6.5     Upgraded
                                        Fac                                        from
                                                                                   'CRISIL BB+
Bilteek Fashions Pvt Ltd                LT Loan               CRISIL B     52      Assigned
Cement International Ltd                TL                    CRISIL D     15.3    Assigned
Cement International Ltd                CC                    CRISIL D     150     Assigned
Cement International Ltd                Proposed LT Bk Loan   CRISIL D     2.7     Assigned
                                        Fac
Centum Electronics Ltd                  CC*                   CRISIL BBB+  130     Reaffirmed
* Interchangeable with packing credit / export packing credit to the extent of Rs.100.00 million
Centum Industries Pvt Ltd               CC*                   CRISIL BBB-  30      Reaffirmed
Centum Industries Pvt Ltd               Proposed LT Bk Loan   CRISIL BBB-  15      Reaffirmed
                                        Fac
Centum Rakon India Pvt Ltd              CC*                   CRISIL BBB   30      Reaffirmed
*Includes sublimits for packing credit and bills discounting of Rs.50.0 Million each
County Infrastructures Pvt Ltd          TL                    CRISIL B     1000    Assigned
Devashree Foods Pvt Ltd                 CC                    CRISIL D     75      Reaffirmed
Devashree Foods Pvt Ltd                 TL                    CRISIL D     197.7   Reaffirmed
Development Projects Pvt Ltd            Proposed LT Bk Loan   CRISIL B     36.1    Assigned
                                        Fac
Development Projects Pvt Ltd            CC                    CRISIL B     57.4    Assigned
Development Projects Pvt Ltd            LT Loan               CRISIL B     6.5     Assigned
Dr. B.S. Gupta Medical Charitable       Overdraft Fac         CRISIL B-    63.5    Upgraded
Society                                                                            from
                                                                                   CRISIL C
Enn Aar Modern Rice Mill                CC                    CRISIL B     30      Assigned
Enn Aar Modern Rice Mill                TL                    CRISIL B     29      Assigned
Finolex Plasson Industries Pvt Ltd      CC                    CRISIL BBB+  105     Reaffirmed
Finolex Plasson Industries Pvt Ltd      TL                    CRISIL BBB+  150     Reaffirmed
Golchha Enterprises Pvt Ltd             CC                    CRISIL B     25      Assigned
Gujarat Apollo Industries Ltd           CC                    CRISIL A+    250     Reaffirmed
Gujarat Apollo Industries Ltd           Stand by Line of      CRISIL A+    50      Reaffirmed
                                        Credit
Gujarat Apollo Industries Ltd           Proposed LT Bk Fac    CRISIL A+    415     Reaffirmed
Harsha Automotive Pvt Ltd               CC                    CRISIL BB    250     Reaffirmed
Hindustan Aeronautics Ltd               CC                    CRISIL AAA   4500    Reaffirmed
Innova Captab                           CC                    CRISIL BB+   100     Assigned
Joseph Leslie Drager Manufacturing Pvt  CC                    CRISIL BBB-  35      Suspended
Ltd
K Ramachandra Rao Transmission and      CC                    CRISIL BBB   200     Reaffirmed
Projects Pvt Ltd
K Ramachandra Rao Transmission and      Standby Line of CreditCRISIL BBB   50      Reaffirmed
Projects Pvt Ltd
K Ramachandra Rao Transmission and      Proposed CC           CRISIL BBB   7.5     Reaffirmed
Projects Pvt Ltd
K.T.V. Health Food Pvt Ltd              CC                    CRISIL BB+   40      Assigned
Kinjal Construction Co.                 CC                    CRISIL B+    20      Reaffirmed
Kinjal Construction Co.                 TL                    CRISIL B+    65      Reaffirmed
Kothari Waspap Pvt Ltd                  CC                    CRISIL B+    130     Reaffirmed
Krishana Phoschem Ltd                   Rupee TL              CRISIL BBB   45      Suspended
Krishana Phoschem Ltd                   WC Demand Loan        CRISIL BBB   40      Suspended
L. C. Foods Ltd                         CC                    CRISIL B-    50      Upgraded
                                                                                   from
                                                                                   CRISIL D
L. C. Foods Ltd                         TL                    CRISIL B-    12.9    Upgraded
                                                                                   from
                                                                                   CRISIL D
Lakshmiganapati Automobiles Pvt Ltd     CC                    CRISIL BB    50      Reaffirmed
Leo Fasteners                           LT Loan               CRISIL A-    255.9   Assigned
Leo Fasteners                           Proposed LT Bk Loan   CRISIL A-    4.1     Assigned
                                        Fac
Mas Enterprises Ltd                     BG                    CRISIL D     2.5     Reaffirmed
Mas Enterprises Ltd                     CC                    CRISIL D     147.5   Reaffirmed
Mas Enterprises Ltd                     Foreign Bill          CRISIL D     7.5     Reaffirmed
                                        Discounting*
*Letter of Credit
Mas Enterprises Ltd                     LT Loan               CRISIL D     31.8    Reaffirmed
Mas Enterprises Ltd                     Packing Credit        CRISIL D     29.7    Reaffirmed
Midas Golden Distilleries Pvt Ltd       CC                    CRISIL BB+   250     Upgraded
                                                                                   from
                                                                                   CRISIL BB
Natural Sugar and Allied Industries Ltd CC                    CRISIL BBB   1350    Assigned
Natural Sugar and Allied Industries Ltd TL                    CRISIL BBB   150     Assigned
Nisan Exports                           TL                    CRISIL BB+   25      Assigned
P N Paper Mills Pvt Ltd                 CC                    CRISIL D     86      Assigned
P N Paper Mills Pvt Ltd                 TL                    CRISIL D     49.1    Assigned
P.N. Pulp & Paper Industries            CC                    CRISIL D     60      Assigned
P.N. Pulp & Paper Industries            TL                    CRISIL D     123.6   Assigned
Permionics Membranes Pvt Ltd            CC                    CRISIL BBB-  17.5    Reaffirmed
PPS Motors Pvt Ltd                      CC                    CRISIL BBB-  100     Assigned
Precision Pipes and Profiles Co. Ltd    CC*                   CRISIL A+    135     Reaffirmed
*Interchangeable with working capital demand loan limits of Rs.135 million, letter of credit
limit of Rs.60 million and buyer's credit limit of Rs.60 million
Precision Pipes and Profiles Co. Ltd    CC                    CRISIL A+    80      Reaffirmed
Precision Pipes and Profiles Co. Ltd    Proposed LT Bk Loan   CRISIL A+    325     Reaffirmed
                                        Fac
Precision Plastic Industries Pvt Ltd    CC*                   CRISIL BBB   75      Reaffirmed
*includes sub-limit of FCNR (B) of Rs.45 Million
Precision Plastic Industries Pvt Ltd    TL                    CRISIL BBB   6.3     Reaffirmed
Precision Plastic Industries Pvt Ltd    Corporate Loan        CRISIL BBB   5       Reaffirmed
Precision Plastic Industries Pvt Ltd    Proposed LT Bk loan   CRISIL BBB   0.2     Reaffirmed
                                        Fac
Precision UPVC Moulders Pvt Ltd         CC*                   CRISIL BBB   133     Reaffirmed
*includes sub-limit of export packing credit of Rs.20 Million
Precision UPVC Moulders Pvt Ltd         Corporate Loan        CRISIL BBB   16.7    Reaffirmed
Precision UPVC Moulders Pvt Ltd         TL                    CRISIL BBB   168     Reaffirmed
Precision UPVC Moulders Pvt Ltd         Proposed LT Bk Loan   CRISIL BBB   2       Reaffirmed
                                        Fac
Pristine Hospital & Research Centre Pvt Proposed LT Bk Loan   CRISIL B     120     Assigned
Ltd                                     Fac
Pristine Hospital & Research Centre Pvt LT Loan               CRISIL B     40      Assigned
Ltd
Pristine Hospital & Research Centre Pvt Proposed CC Limit     CRISIL B     10      Assigned
Ltd
R. K. Ganapathi Chettiar                CC                    CRISIL BBB   100     Assigned
R.R. Agro Foods                         TL                    CRISIL B+    53.8    Assigned
R.R. Agro Foods                         CC                    CRISIL B+    60      Assigned
Radnik Exports                          TL                    CRISIL BBB   50      Reaffirmed
Raj Shyama Constructions Pvt Ltd        CC                    CRISIL BBB-  50      Reaffirmed
Rishab Apparel Pvt Ltd                  CC                   CRISIL BB-   125     Assigned
Rishab Apparel Pvt Ltd                  Proposed LT Bk Loan   CRISIL BB-   25      Assigned
                                        Fac
SA Rawther Spices Pvt Ltd               CC                    CRISIL BBB-  62.5    Suspended
SA Rawther Spices Pvt Ltd               LT Loan               CRISIL BBB-  56.9    Suspended
Sadguru Sri Sri Sakhar Karkhana Ltd     Proposed LT Bk Loan   CRISIL B-    7.3     Assigned
                                        Fac
Sadguru Sri Sri Sakhar Karkhana Ltd     TL                    CRISIL B-    712.7   Assigned
Sandeep Enterprises                     CC                    CRISIL B     90      Assigned
Saravana Global Energy Ltd              CC*                   CRISIL BBB+  689.1   Suspended
*Includes proposed cash credit facility of Rs.389.1 Million. 
Saravana Global Energy Ltd              LT Loan               CRISIL BBB+  10.9    Suspended
Shiv Puja Constructions Pvt Ltd         Overdraft Fac         CRISIL BBB-  20      Suspended
Shiv Puja Constructions Pvt Ltd         TL                    CRISIL BBB-  980     Suspended
Shiv Shakti Exports                     TL                    CRISIL B     90      Assigned
Shivamm Industries                      CC                    CRISIL BB    45      Assigned
Shivamm Industries                      TL                    CRISIL BB    25      Assigned
Shree Ambha Associates                  CC                    CRISIL BBB-  8.5     Reaffirmed
Soubhagya Projects Pvt Ltd              CC                    CRISIL BBB-  140     Suspended
Soubhagya Projects Pvt Ltd              TL                    CRISIL BBB-  350     Suspended
Sri Ramadas Paper Boards Pvt Ltd        CC ^                  CRISIL BB    170     Reaffirmed
^Interchangeable with letter of credit up to Rs.50 Million
Sri Ramadas Paper Boards Pvt Ltd        TL                    CRISIL BB    157.5   Reaffirmed
Teja Educational Society                TL                    CRISIL B+    91      Downgraded
                                                                                   from
                                                                                   CRISIL BB-
Teja Educational Society                Overdraft Fac         CRISIL B+    20      Downgraded
                                                                                   from
                                                                                   CRISIL BB-
The Abraham Memorial Educational Trust  LT Loan               CRISIL D     241.8   Downgraded
                                                                                   from
                                                                                   CRISIL B-
Thieh Ingots Pvt Ltd                    CC                    CRISIL BB-   35      Reaffirmed
Thieh Ingots Pvt Ltd                    Proposed LT Bk Loan   CRISIL BB-   6.6     Reaffirmed
                                        Fac
Ultra Trust                             TL                    CRISIL D     50      Assigned
Vodafone Cellular Ltd                   Rupee TL*             CRISIL AA    39000   Reaffirmed
*Interchangeable among Vodafone India Ltd and its seven subsidiaries: Vodafone South Ltd,
Vodafone Digilink Ltd, Vodafone East Ltd, Vodafone Spacetel Ltd, Vodafone C
Vodafone India Ltd                      Rupee TL*             CRISIL AA    56.5    Reaffirmed
*Interchangeable among Vodafone India Ltd and its seven subsidiaries: Vodafone South Ltd,
Vodafone Digilink Ltd, Vodafone East Ltd, Vodafone Spacetel Ltd, Vodafone C
Vodafone South Ltd                      Rupee TL*             CRISIL AA    15000   Reaffirmed
*Interchangeable among Vodafone India Ltd and its seven subsidiaries: Vodafone South Ltd,
Vodafone Digilink Ltd, Vodafone East Ltd, Vodafone Spacetel Ltd, Vodafone C
Zenith Industrial Rubber Products Pvt   TL                    CRISIL BBB   30.2    Upgraded
Ltd                                                                                from
                                                                                   CRISIL BBB-
Zenith Industrial Rubber Products Pvt   CC                    CRISIL BBB   30      Upgraded
Ltd                                                                                from
                                                                                   CRISIL BBB-
--------------------------------------------------------------------------------------------
$: Rating watch with positive implication
#: Rating Watch with Developing implications
@: Rating Watch with Negative Implications
%: Rating under Credit Watch
wd -Rating Stands Withdrawn
sp -Rating Suspended
pp -Principal Protected
pn -Principal Not Protected

CRISIL may apply + or - signs for ratings to reflect a comparative standing within the category.

BG-Bank Guarantee; CC-Cash Credit; CCPS-Cumulative Convertible Preference Share; CD-Certificate
of Deposit; CLO-Collateralized Loan Obligation; CPA-Claims Paying Ability; CP-Commercial
Paper; CPS-convertible preference shares; CRPS- Cumulative Redeemable Convertible Preference
shares; DDB-Deep Discount Bond; EPBI-Exchange premium bond; FBL-Fund Based Limits; FRB/FRN
-Floating Rate Bond/Note; ICD -Inter Corporate Deposit; ITD-Immediate Term Debt; LOC-Letter of
Credit; LT -Long Term; LTB -Long Term Borrowing; LTD -Long Term Debt; MOCD-multiple option
convertible debenture; MTD -Medium term Debenture; MTN-medium term notes; NCD(SO) -
Non-Convertible Debenture-(Structured Obligation); NCD-Non-convertible Debentures; NCRB-Non
Convertible Redeemable Bonds; NM-Not Meaningful; OCD-optionally convertible debenture; OD-Over
Draft; OFCD-Optionally Fully Convertible Debenture; PCD-Partially Convertible Debenture;
PCN-partly convertible notes; PCPS-Partly Convertible Preference Share; POCD-partly optional;
PP-privately placed; PSPC-Post Shipment & Packing Credit; PS-Preference Shares; PTC-Pass
Through Certificates; RPS-Redeemable Preference Shares; SCPN-secured convertible preference
notes; SDO-Structured Debt Obligation; SLR-Statutory Liquidity Ratio; SO-Structured
Obligation; SPCD - Secured Partly Convertible Debentures; SPN-secured premium notes; STB-Short
Term Bond; STD-Short Term Debentures; ST-Short Term; Sub. Bonds-Subordinate Bonds; TB-Taxable
Bond; TFB-Tax Free Bond; TL-Term Loan; TOCD-triple option convertible debentures.

(Mumbai Rate Reporting Unit + 91 22 6180 7222 / 3317 7222 , E-mail at
rru.data@thomsonreuters.com)
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

Asian Markets

Asian Markets

Asian stocks flat after China PMI meets expectations  Full Article 

Chinese Economy

Chinese Economy

Factory activity shrinks for 4th month; pace of decline slows   Full Article 

International Gold

International Gold

Gold hovers near 2-1/2 month lows on firm equities, fund outflows  Full Article 

GM Lawsuit

GM Lawsuit

GM seeks U.S. court protection against ignition lawsuits  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage