Mahindra & Mahindra Financial Services Ltd

📈 Mahindra Finance Receives Major Credit Rating Boost from CRISIL

• CRISIL reaffirmed long-term rating of Crisil AAA/Stable and short-term rating of Crisil A1+ for Rs. 20,000 crore bank loan facilities (enhanced from Rs. 13,317 crore)

• CRISIL assigned Crisil AAA/Stable rating to Rs. 887 crore subordinated debt and Rs. 2,125 crore non-convertible debentures

• CRISIL reaffirmed Crisil AAA/Stable rating for Rs. 20,000 crore fixed deposits (enhanced from Rs. 18,000 crore)

• CRISIL reaffirmed Crisil A1+ rating for Rs. 20,000 crore commercial paper (enhanced from Rs. 17,000 crore)

• CRISIL reaffirmed Crisil AAA/Stable rating for non-convertible debentures aggregating Rs. 28,855 crore and subordinated debt aggregating Rs. 5,113.5 crore

• Rating for non-convertible debentures aggregating Rs. 4,020 crore was withdrawn due to debenture redemption

• All ratings were published by CRISIL on April 22, 2026