Medium-term debt programs of Indian firms rated by FITCH

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
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--------------------------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Withdrawn Dewan Housing Fin.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Withdrawn Maharishi Housing Dev.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Withdrawn National Housing Bank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
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-----------------------------#: 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Rating under Credit Watch wd -Rating Stands Withdrawn sp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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