04-Aug-2026Today's Market Indicators


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India Ratings, Care Ratings, and BWR Ratings affirm ITI Ltd's ratings on debt instruments totaling Rs 2,900 crore
(16:42, 04 Aug 2026)
ITI Ltd announced credit rating actions across its various debt instruments, with India Ratings revising its rating outlook to "Stable" from "Watch Positive" and affirming the long-term rating at "IND AAA" on ITI Ltd's bank loan facilities aggregating to Rs 1,100 crore, as well as affirming the long-term rating at "IND AAA" on the company's bonds aggregating to Rs 600 crore and the short-term rating at "IND A1+" on the company's commercial paper program of Rs 200 crore; simultaneously, Care Ratings has reaffirmed the long-term rating at "CR AAA" with a "Stable" outlook on ITI Ltd's bank loan facilities aggregating to Rs 1,100 crore, reaffirmed the long-term rating at "CR AAA" on the company's bonds aggregating to Rs 600 crore, and reaffirmed the short-term rating at "CR A1+" on the company's commercial paper program of Rs 200 crore, while BWR Ratings has also reaffirmed the long-term rating at "BWR AAA+ (Stable)" on ITI Ltd's bank loan facilities aggregating to Rs 1,100 crore, reaffirmed the long-term rating at "BWR AAA+ (Stable)" on the company's bonds aggregating to Rs 600 crore, and reaffirmed the short-term rating at "BWR A1+" on the company's commercial paper program of Rs 200 crore, with no withdrawals or new assignments reported by any of the agencies.