ICRA has come out with its report on bank loans rating. The research firm has revised rating for bank loans of Tamil Nadu Electricity Board to [ICRA]D.
ICRA has revised the rating outstanding from [ICRA]BB+ (pronounced as ICRA double B plus) to [ICRA]D (pronounced as ICRA D) against bank lines amounting to Rs 5,000 crore* of Tamil Nadu Electricity Board (TNEB)
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