RBZ Jewellers Limited — Credit Ratings, 05-08-2025: Credit Rating
05-08-2025 | 02:18 pm
05-08-2025 | 02:18 pm
CRISIL Ratings has reaffirmed RBZ Jewellers Limited's long-term credit rating at CRISIL BBB+/Stable and its short-term rating at CRISIL A2. This reaffirmation is notable as it occurs concurrently with an enhancement of the company's total bank loan facilities to Rs. 200 Crore, up from Rs. 150 Crore. The stable outlook reflects CRISIL's consistent view of the company's sound financial health. For investors, maintaining these ratings, even with increased borrowing capacity, suggests steady borrowing costs and helps reinforce market confidence. This also grants RBZ Jewellers greater financial flexibility for future business operations and expansion plans.
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