CARE rated Long Term Rating: 'CARE A-(SO)'     CARE rated Short Term Rating: 'CARE A1(SO)'
Rationale
The target segment identified by SIFL for SME’s in India:
  • No Bank/Institutional Funds (i.e. both Indian and Foreign) provide funds for Turnaround Finance.
  • Foreign fundings are limited by min. size of funding.
  • Indian banks are limited by the Risk Ratings.
Result: SME’s in the target segment have limited options to go for their requirements of funds.

SIFL is the sole Institutional Lender for these activities to the SMEs in India.   
 
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