https://varroc.com/wp-content/uploads/bsk-pdf-manager/2021/08/Rating_rationale.pdf

Instrument/Bank/Facility Credit Rating Rating Outlook Download
Term Loan (Long Term) [ICRA]A+(Stable) Stable Credit Rating
 Fund-based (Long- term/Short-term) [ICRA]A+(Stable) /[ICRA]A1 Stable
Non-fund Based (Long- term/Short-term) [ICRA]A+(Stable)/[ICRA]A1 Stable
Commercial Paper (Short-term) [ICRA] A1
Non-convertible Debenture (NCD) Programme [ICRA]A1+ Stable