Transport Corporation of India Limited — Credit Ratings, 22-10-2024: Credit Rating

Transport Corporation of India has received a new credit rating from ICRA Ltd. for a Long Term-Fund Based-Term Loan of ₹200 crore, assigned the rating of [ICRA]AA(Stable). This adds to the existing CRISIL rating of AA(Stable), resulting in a dual rating for this category. Additionally, ICRA reaffirmed a Commercial Paper Programme rating of [ICRA]A1+ for ₹150 crore, the highest in its category.