MOTOR & GENERAL FINANCE FIXED DEPOSIT
Article Abstract:
Motor & General Finance Ltd's fixed deposit programme has been assigned a Ind AA- (high credit quality) rating by Duff & Phelps Credit Rating India Pvt Ltd. The rating reflects the company's flagship position in the Motor & General Finance group, its asset profile and credit appraisal mechanism and reduced risk due to the attractive property portfolio, which has an estimated market value of Rs111.43 crore, held by it. (khr)
Comment:
Motor & General Finance Ltd's fixed deposit programme has been assigned a Ind AA- (high credit quality) rating by Duff & Phelps Credit Rating India Pvt Ltd.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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JANARAKSHA GREEN FORESTS INVESTMENT SCHEME
Article Abstract:
The collective investment scheme of Janaraksha Green Forests Ltd has been assigned a DCR Ind 5 (high risk grade) rating by Duff & Phelps Credit Rating India Pvt Ltd. The rating reflects the lack of data to substantiate any realisations from the cutting and sales of trees, the company's highly leveraged capital structure, declining profitability and a poor ability to repay investors. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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