ICRA Nepal Reaffirms ‘B’ Rating of Swastik Laghubitta with Negative Watch
Summary
ICRA Nepal Limited has reaffirmed Swastik Laghubitta Bittiya Sanstha Limited's issuer rating at B, maintaining a negative watch indicating high financial risk.
Key Points
- ICRA Nepal Limited reaffirmed Swastik Laghubitta Bittiya Sanstha Limited's issuer rating at B.
- The rating is on 'Watch with Negative Implications'.
- The 'B' rating indicates a high risk of default for the institution.
- ICRA clarified the meaning of plus and minus signs within the rating categories.
