Home Business Credit ratings of Fortis Healthcare downgraded by ICRA citing stretched liquidity position

Credit ratings of Fortis Healthcare downgraded by ICRA citing stretched liquidity position

By
Lucky Jain
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498
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(G.N.S) Dt. 11 New Delhi Ratings agency ICRA has downgraded Fortis Healthcare and its subsidiaries Escorts Heart Institute and Research Centre, Fortis Hospitals and Hiranandani Healthcare, citing stretched liquidity position of the company which led to delay in servicing of a loan. The long term rating of Fortis Healthcare Ltd

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