Rating & Grading
WHITE-ELEPHANT performance has been rated majorly as stable based on the following parameters by reputed Rating and Grading agencies.
| Rating Instrument | Rating Agency | Rating and Grading |
|---|---|---|
| Bank Facilities | CRISIL ICRA |
A (Stable) A (Stable) |
| Long-term Debt Instruments | CRISIL India Ratings & Research |
A (Stable) IND A/Stable |
| Subordinated Debt | ICRA India Ratings & Research |
A- (Stable) IND A/ Stable |
| Market Linked Debenture | ICRA | PP-MLD [ICRA]A- (Stable) |
| Commercial Paper Programme | ICRA India Ratings & Research |
[ICRA] A1 IND A1 |
| Comprehensive Microfinance Grading (Institutional Gradings & Code of Conduct Assessment) | The SME Rating Agency (SMERA) | M1C1 |
| Gold Level Client Protection Certification (according to the new Client Protection Certification Framework promoted by SPTF and CERISE) | M-CRIL inclusive microeconomics | Gold |


