--Crisil Lowers Rating On Loans of Teracom

M2 Banking & Credit News

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BANKING AND CREDIT NEWS-January 14, 2011--CRISIL lowers rating on loans of Teracom

(C)2011 M2 COMMUNICATIONS http://www.m2.com

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--Crisil Lowers Rating On Loans of Teracom

14 January 2011 - India's CRISIL today downgraded the rating on two loans of Teracom Ltd to BBB+ with "negative" outlook from A- with "stable" outlook.

The agency issued the following press release:

Rs.1406.3 Million Cash Credit Limit BBB+/Negative (Downgraded from A-/Sta...

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