Nuvama Wealth Management Ltd

📈 Nuvama Wealth Management & Subsidiaries Receive ICRA Rating Upgrades

- ICRA upgraded Nuvama Wealth Management Ltd's issuer rating and long-term bank lines from AA- (Positive) to AA (Stable)

- Short-term bank lines and commercial paper ratings reaffirmed at A1+

- Subsidiaries Nuvama Wealth Finance Limited, Nuvama Wealth and Investment Limited, and Nuvama Clearing Services Limited also received long-term rating upgrades to AA (Stable)

- Short-term ratings for all three subsidiaries reaffirmed at A1+