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Press Release Zip Industries Limited (ZIL) 5 February 2018 Rating Upgraded Total Bank Facilities Rated* Long Term Rating Short Term Ratings. 11.38 Cr. SM ERA BB/Stable (Upgraded) SM ERA A4+ (Upgraded)*Refer
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Fitch affirms a bank's credit rating and financial stability through rigorous analysis of its financial statements, risk exposure, and overall management.
Banks and financial institutions seeking to obtain or maintain a credit rating from Fitch Ratings are required to file the necessary documentation.
To fill out the Fitch affirms bank of, institutions must provide comprehensive financial data, disclosures, and relevant risk assessments as required by Fitch Ratings' guidelines.
The purpose is to assess the creditworthiness of a bank, providing insights for investors and stakeholders regarding the financial health of the institution.
Institutions must report financial statements, capital adequacy, liquidity ratios, risk management practices, and any material changes in operations.
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