Credit Rating

Nuvama Wealth Management Limited has announced an update to its credit ratings from CRISIL Ratings Limited. The company's Long Term Rating has been upgraded from 'CRISIL AA-/Positive' to 'CRISIL AA/Stable'. Concurrently, its Short Term Rating has been re-affirmed at 'CRISIL A1+'. This upgrade signifies an improved credit profile and outlook for Nuvama, potentially enhancing investor confidence and reflecting stronger financial health and stability for the company.