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Medium-term debt programs of Indian firms rated by FITCH

Mon Aug 25, 2008 1:45pm IST
 
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August 25 (Reuters) - Below are the ratings awarded by FITCH
Ratings India Private Ltd. on Medium-term debt issues,
including fixed deposits, of Indian companies. RATINGS BEEN
ISSUED AND UPDATED TILL AUGUST 22, 2008
----------------------------------------------------------------
 --------------------------Company                            

  Instrument      Rating       Amount       Movement
  (Rs.mln) ------                                 
----------      ------
  -------      -------- Bansal Credits Limited              
 FD             tB(ind)
               Withdrawn Dewan Housing Fin. Corp. Ltd.      
  FD            tAA(ind)        2000      Reaffirmed India
Cement Capital &  Fin. Ltd.        FD            tA-(ind)      
        Withdrawn Maharishi Housing Dev. Fin. Corp. Ltd.  
Term Deposit   tB(ind)
               Withdrawn National Housing Bank              
  FD            tAAA(ind)       10000     Assigned Shriram
City Union Fin.                  Term deposit   tA(ind)
               Revised
----------------------------------------------------------------
 -----------------------------#: Rating Watch with Developing
implications @: Rating Watch with Negative Implications %:
Rating under Credit Watch wd -Rating Stands Withdrawn sp
-Rating Suspended NCD-Non-convertible Debentures; CP-Commercial
Paper; CD-Certificate of Deposit; CCPS-Cumulative Convertible
Preference Shares; CLO-Collateralized Loan Obligation; DDB-Deep
Discount Bond; OFCD-Optionally Fully Convertible Debenture;
PCPS- Partly Convertible Preference Share; PTC-Pass Through
Certificates; SO-Structured Obligation; STB-Short Term Bond;
STD-Short Term Debentures.
----------------------------------------------------------------
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