• India Ratings assigns Motilal Oswal Financial Services' NCDs 'IND AA'/Stable, affirms CP at 'IND A1+'

    8 October

India Ratings Limited ("Ind-Ra") has assigned AA ratings with stable outlook on long term debt instruments of Motilal Oswal Financial Services Limited ('The Company'), Motilal Oswal Home Finance Limited (MOHFL) and Motilal Oswal Finvest Limited (MOFL).  The rating takes into consideration MOHFL's approach of geographical diversification, strengthening of the underwriting process and better asset quality, strengthening team and improvement in disbursements, stronger systems / processes and risk management capabilities , reduction in cost of funds and improvement in overall profitability.