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Acuite assigns ratings to RattanIndia Power Limited s bank facilities Posted On: 2021-01-31 03:53:16 (Time Zone: Arizona, USA) Acuite Ratings & Research Limited ( Acuite ) has rated the bank facilities of RattanIndia Power Limited ( the Company ) as under: Total Bank Facilities Rated - Rs. 1160.00 Crore Long Term Rating - ACUITE BBB Short Term Rating - ACUITE A3 Acuite has assessed the Outlook for the Company to be Stable. The ratings so assigned by Acuite takes into account following strengths and derives comfort from: 1. Successful implementation of binding settlement (One Time Settlement) with consortium of banks and financial institutions (Erstwhile Lenders) through restructuring plan leading to improved financial position of the company;

United statesAcuite ratings research limitedBank facilitiesRattanindia powerRattanindia power limited the companyOutlook for the companyRattanindia power limitedTime zoneResearch limitedBank facilities ratedTerm ratingOne time settlementErstwhile lendersMerit orderMutual fundsNew issue