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Withdrawal of P1 rating by CRISIL |
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Subsequent to an application by the Company (CDFL), CRISIL on 27th Nov 09 has withdrawn the P1 (pronounced “P one”) rating assigned to the Rs.7.5 billion Short Term Debt programme as there is no outstanding against the said instrument and the rating is no longer in use. The Company retains the rating of A1+ from ICRA, for its short term debt programme for a value of Rs.2000 Crores.
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