CRISIL assigns ‘A/ Stable/ P1’ ratings to Tata Teleservices

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Tata Teleservices (Maharashtra) (TTML) has informed that Credit rating agency CRISIL has assigned its ‘A/ Stable/ P1’ ratings to the bank facilities of the company in respect of long-term loan of Rs 150 crore & short term loan of Rs 50 crore respectively.

The ratings reflect the strategic importance of TTML to the Tata group’s telecommunications plan and support the companies receive from other entities of the Tata group.

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