SBI Cards & Payment Services receives affirmation in credit ratings Back

SBI Cards & Payment Services has received affirmation in credit ratings from CRISIL as under: <p> Total bank loan facilities rated - Rs 62,000 crore <br> Long term rating - Crisil AAA/ Stable (Reaffirmed) <br> Short term rating - Crisil A1+ (Reaffirmed) <p> Rs 34000 crore Commercial Paper - Crisil A1+ (Reaffirmed) <p> Lower Tier II Bonds aggregating Rs 5300.2 crore - Crisil AAA/ Stable (Reaffirmed) <p> Non Convertible Debentures of Rs 8550 crore - Crisil AAA/ Stable (Reaffirmed)