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BANKING AND CREDIT NEWS-21 July 2010-CRISIL assigns B to BECPL's bank facilities(C)1994-2010 M2 COMMUNICATIONS
21 July 2010 - Indian credit rating agency CRISIL gave yesterday a rating of B with a "stable" outlook to the long-term bank facilities of local Bhandari Engineering Company Pvt Ltd (BECPL).
CRISIL believes that BECPL will maintain its credit risk profile over the medium-term on the back of orders from upcoming thermal power plants and refineries in the region and promoterA[cent sign]a'[not sign]a"[cent sign]s long experience in dealing in electrical equipments.