CRISIL Ratings has reaffirmed Poonawalla Fincorp's long-term rating at CRISIL AAA/Stable and short-term rating at CRISIL A1+. Key instruments like Non-convertible Debentures and Subordinated Debt also retain CRISIL AAA/Stable. Perpetual Bonds worth Rs. 1500 Cr have been assigned a CRISIL AA+/Stable rating.