Moody's Announces Completion of a Periodic Review of Ratings of Interswitch Limited

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Wednesday, June 16, 2021 / 02:50 PM / By Moody's Investors Service / Header Image Credit: Interswitch Limited

 

Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Interswitch Limited and other ratings that are associated with the same analytical unit.

 

The review was conducted through a portfolio review discussion held on 26 May 2021 in which Moody's assessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers, which was followed by a rating committee.

 

Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.

 

The updated key rating considerations and principal methodology(ies) used were explained in Moody's rating action press release dated 3 June 2021.


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