Moody’s downgrades IIFL Finance’s corporate family rating to B2 from B1 - khaskhabar

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Monday, 28 September 2020

Moody’s downgrades IIFL Finance’s corporate family rating to B2 from B1

The downgrade suggests that the rating agency expects the company's asset quality and profitability to deteriorate as loan delinquencies and defaults increase.

from The Financial Express https://ift.tt/2HIwVc9

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