Mahindra & Mahindra Financial Services announced that CARE Ratings has reaffirmed its credit ratings as mentioned below -

Secured NCDs (Rs 3450 crore) - CARE AAA; Stable Unsecured NCDs (Rs 1000 crore) - CARE AAA; Stable Subordinated Debt (Rs 1600 crore) - CARE AAA; Stable Proposed Public Issue of LT debt programme (Rs 10000 crore) - CARE AAA; Stable

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