V I P Industries receives downgrade in credit ratings from CRISIL Back
V I P Industries has received revision in credit ratings from CRISIL as under: <p> Total bank facilities rated - Rs 424 crore <br> Long term rating - CRISIL A+/ Negative (downgraded from CRISIL AA-/ Negative) <br> Short term rating - CRISIL A1 (downgraded from CRISIL A1+)