ICRA Nepal Withdraws Ratings of Samudayik, Unnati, and Upakar Laghubitta Bittiya Sanstha Over Non-Cooperation
Summary
ICRA Nepal Limited has withdrawn the issuer not cooperating ratings of Samudayik, Unnati, and Upakar Laghubitta Bittiya Sanstha Limited due to non-cooperation, reflecting concerns about their general creditworthiness.
Key Points
- ICRA Nepal Limited withdrew the issuer not cooperating rating of Samudayik Laghubitta Bittiya Sanstha Limited due to non-cooperation.
- The same rating withdrawal occurred for Unnati Sahakarya Laghubitta Bittiya Sanstha Limited owing to non-cooperation.
- Upakar Laghubitta Bittiya Sanstha Limited's issuer not cooperating rating was also withdrawn for non-cooperation.
- All withdrawn ratings were under watch with negative implications and were not linked to any specific debt instrument.
