Piramal Finance Limited — Credit Ratings, 15-07-2026: Credit Rating- New

Piramal Finance has received a "BBB, Stable" rating for its foreign and domestic currency issuer ratings from both Japan Credit Rating Agency (JCR) and Rating and Investment Information, Inc. (R&I). This highlights the company's strong position as an Upper Layer NBFC with a robust retail-focused business model and solid capital levels.