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Thursday, Sep 30, 2004
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 Corporate - Corporate Bonds
Money & Banking - Credit Rating


SAIL's bonds upgraded

Our Bureau

MUMBAI: Crisil has upgraded SAIL's non-convertible bonds and fixed deposit programmes to A and FA+ from BBB and FA respectively.

It also reaffirmed ratings on Tata Steel's non-convertible debentures, fixed deposits and commercial paper programmes. Crisil believes the current steel prices will sustain over the short to medium term.

More Stories on : Corporate Bonds | Credit Rating | Steel

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