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Mr. Vivek Tiwari Managing Director Satya MicroCapital Ltd.Rating Agreement • May 4th, 2020
Please refer to your rating agreement dated March 13, 2020 and RRF No. DEL/2019-20/506 dated March 13, 2020 for assigning an MFI grading to Satya MicroCapital Ltd. Please note that the Rating Committee of ICRA, after due consideration, has assigned the grading of M2+ (pronounced M two plus) to Satya MicroCapital Ltd. This grading indicates that in ICRA’s current opinion, the Graded MFI's ability to manage its microfinance activities in a sustainable manner is high. The sign of + (plus) appended to the Grading symbols indicates their relative position within the Grading category.
