Shareholder update

Credit Ratings

Rating Agency Date of Rating Rating (Rs. in crore) Rating Action Rationale
Long-term Bonds Bank Borrowings
CARE 08.05.2020 A+ Outlook: Negative (681.50) -- Reaffirmed CARE
Brickwork 28.05.2020 BWR A+ Outlook:Negative (841.24) BWR A+ Outlook:Negative (1150.00) Rating Downgraded Brickwork
ACUITE (erstwhile SMERARatings Ltd) 05.12.2019 AA- Outlook: Negative (300.00) -- Reaffirmed ACUITE

NCD: Non-Convertible Debentures


  • Ratings by various agencies for Tourism Finance Corporation of India Ltd. are subject to regular revisions.

Investor Contact

Nodal Office

Tourism Finance Corporation of India Ltd.

607, Lodha Supremus,

Senapati Bapat Marg,

Opp. Kamla Mills,

Lower Parel

MUMBAI - 400 013


[email protected]