JKB Financial Services Ltd.

As on : 29-Sep-2026

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29-Sep-2026 19:11

ICRA reaffirmed ratings on Updater Services Ltd's banking facilities, monitored by the RBI

Updater Services Ltd announced that ICRA Limited has reaffirmed its ratings on various banking facilities, including a Long-term – Fund-based rating of [ICRA]AA- (Stable) for 135.00, a Long-term – Fund-based – (sublimit) rating of [ICRA]AA- (Stable) for 30.00, a Short-term – Non-fund based rating of [ICRA]A1+ for 44.00, and a Short-term – Fund-based rating of [ICRA]A1+ for 35.00, with notes indicating oversight from the Financial Sector Regulator and the RBI; ICRA also reaffirmed a Long-term Fund-based rating of [ICRA]AA- (Stable) for 135.00, a Long-term Fund-based (sublimit) rating of [ICRA]AA- (Stable) for 30.00, a Short-term Non-fund based rating of [ICRA]A1+ for 44.00, a Short-term Fund-based rating of [ICRA]A1+ for 35.00, and reaffirmed ratings for Fund based Cash Credit facilities from YESBank Limited (25.00), DBSBank Limited (20.00), ICICIBankLimited (5.00), HDFCBankLimited (55.00), StandardCharteredBank (30.00), DBSBank Limited (sublimit of 25.00), KotakMahindraBankLimited (sublimit of 5.00), DBSBank Limited (Non Fund-Based Facilities of 5.00), ICICIBankLimited (Non Fund-Based Facilities of 25.00), HDFCBankLimited (Non Fund-Based Facilities of 14.00), and a Working Capital Demand Loan from Kotak Mahindra Bank Limited (35.00), with no enhancements, assignments, or withdrawals noted.

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