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Prospect News home > News index > List of issuers R > Headlines for Rashtriya Ispat Nigam Ltd. > News item
Published on 12/10/2010 in the Prospect News Emerging Markets Daily.

Fitch affirms Rashtriya Ispat Nigam

Fitch Ratings said it affirmed Rashtriya Ispat Nigam Ltd.'s national long-term rating at AA(ind), along with its Rs. 16 billion fund-based working capital limits, enhanced from Rs. 5.9 billion, at AA(ind)/F1+(ind), Rs. 31.04 billion non-fund based working capital limits, enhanced from Rs. 20.79 billion, at F1+(ind) and Rs. 20 billion non-fund based banking limits, reduced from Rs. 30 billion, at AA(ind).

The outlook is stable.


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