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    ALPHA TRIBE

    Spandana Sphoorty Financial Limited — Credit Ratings, 26-08-2025: Credit Rating

    26-08-2025 | 10:48 pm

    ICRA Limited has downgraded Spandana Sphoorty Financial's long-term Term loans and NCDs to [ICRA]BBB+ (Negative) from [ICRA]A- (Negative). This downgrade reflects sustained weakening in profitability, asset quality, and a significant decline in the company's assets under management (AUM).

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