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ICICI Prudential Life Withdraws Credit Rating Post NCD Redemption

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ICICI Prudential Life Withdraws Credit Rating Post NCD Redemption

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An update from ICICI Prudential Life Insurance Co. Ltd. ( (IN:ICICIPRULI) ) is now available.

ICICI Prudential Life Insurance Company Limited announced the withdrawal of a credit rating by ICRA Limited for its Non-Convertible Debentures (NCD) issuance of Rs. 12 billion. The withdrawal was requested by the company following the redemption of these debentures. This move reflects the company’s proactive financial management and may impact its credit profile and stakeholder perceptions.

More about ICICI Prudential Life Insurance Co. Ltd.

ICICI Prudential Life Insurance Company Limited operates in the life insurance industry, offering a range of insurance products and services. The company focuses on providing life insurance, pension products, and health insurance solutions, catering to individual and corporate clients in India.

Average Trading Volume: 70,572

Technical Sentiment Signal: Buy

Current Market Cap: 883.1B INR

Learn more about ICICIPRULI stock on TipRanks’ Stock Analysis page.

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