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Oil & Natural Gas Corpn Ltd's ratings reaffirmed, totaling Rs 43,000 crore by Care Edge

09-Oct-26 20:18 Hrs IST

Oil & Natural Gas Corpn Ltd announced that Care Edge Ratings has reaffirmed ratings for various bank facilities and instruments. Specifically, CARE AAA; Stable/ CARE A1+ has been reaffirmed for long-term/short-term bank facilities amounting to Rs 17,500.00 crore and Rs 10,000.00 crore respectively, as well as for short-term bank facilities of Rs 10,000.00 crore, and CARE AAA; Stable has been reaffirmed for long-term bank facilities of Rs 7,500.00 crore, alongside CARE A1+ for commercial paper of Rs 10,000.00 crore, and CARE AAA; Stable for non-convertible debentures of Rs 7,500.00 crore; there were no enhancements, assignments, or withdrawals related to these ratings, which pertain to instruments regulated by the RBI and SEBI.

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