News Analysis

India Ratings and Research revises credit rating of Vodafone Idea’s NCDs

Updated on 15 March 2019 04:38 PM

Credit rating agency India Ratings and Research (Ind-Ra) has revised credit rating of Vodafone Idea’s Non convertible debenture (NCDs) from AA- /Negative to A+/ RWN worth Rs 6, 000 crore.

Vodafone Idea is an Aditya Birla Group and Vodafone Group partnership. It is developing world-class infrastructure to introduce newer and smarter technologies, making both retail and enterprise customers future ready with innovative offerings conveniently accessible through an ecosystem of digital channels as well as extensive on-ground presence.