CARE Limited has reaffirmed the ratings of Arman Financial Services Limited to CARE BBB+; stable (Triple B Plus; Outlook Stable) for bank facilities and Non-Convertible Debentures aggregating to Rs. 67.54 Cr. and Rs. 65.30 Cr. respectively.
Further CARE Limited has reaffirmed the rating of the Company to CARE A2 (A Two) for the short-term bank facility of Rs. 5 Cr.