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ICRA ESG assigns its inaugural ESG rating to InCred Financial Services, signaling a transformative step towards sustainable investment in India.

ICRA ESG assigns its inaugural ESG rating to InCred Financial Services, signaling a transformative step towards sustainable investment in India.

ICRA ESG Ratings Limited has announced its first Environmental, Social, and Governance (ESG) rating for InCred Financial Services, a non-banking financial company. Recently registered as a Category-I ESG Rating Provider by SEBI, ICRA ESG aims to aid investors in understanding non-financial risks and opportunities. InCred received a rating of Impact 57, categorized as Moderate. This ...

Market News

Vedanta’s Credit Rating Soars: A Strategic Leap Towards Financial Strength

Vedanta’s Credit Rating Soars: A Strategic Leap Towards Financial Strength

ICRA has upgraded Vedanta Ltd’s long-term credit rating from AA- to AA, highlighting the company’s improved credit profile. This change comes after Vedanta successfully raised $1 billion through a qualified institutional placement in July and an additional $400 million from selling shares of Hindustan Zinc Ltd in August. The upgrade reflects significant strategic growth initiatives ...

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