Mahindra & Mahindra Financial Services Limited — Credit Ratings, 23-04-2026: Credit Rating- Others

CRISIL Ratings reaffirmed 'CRISIL AAA/Stable' for Mahindra & Mahindra Financial Services' long-term instruments like bank loans, NCDs, and fixed deposits totaling over Rs. 73,900 Cr. Short-term facilities, including commercial paper, are reaffirmed 'CRISIL A1+' for over Rs. 40,000 Cr. New 'CRISIL AAA/Stable' ratings were assigned to additional subordinated debt and NCDs (totaling over Rs. 3,000 Cr), reflecting a robust credit profile.