Muthoot Fincorp NCD June 2020 vs Muthoottu Mini NCD June 2020

The NCDs proposed to be issued under this Issue have been rated "A (Stable)" for an amount of Rs 50,000 lakhs by CRISIL Limited ("CRISIL") vide their letter dated October 10, 2019 and further revalidated by their letters dated December 26, 2019, March 9, 2020 and June 10, 2020, and rated "BWR A +" (Outlook: Stable)' for an amount of Rs 50,000 lakhs, by Brickwork Ratings India Pvt. Ltd. ("Brickworks") vide their letter dated December 12, 2019 and further revalidated by their letter dated March 11, 2020 and June 15, 2020. The rating of CRISIL A (Stable) by CRISIL and BWR A+ (Stable) by Brickworks indicate that instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk.

The NCDs proposed to be issued under this Issue have been rated 'CARE BBB-; Stable' (Triple B Minus; Outlook: Stable) by CARE Ratings Limited for an amount of up to Rs 20,000 lakhs vide its letter dated March 12, 2020. The rating of the NCDs by CARE Ratings Limited indicate that instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk.

Series I to Series IX

Series I to Series VII