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Press Releases

2 April 2018

S&P Global’s CRISIL rated XS CAD ‘CRISIL MSE 1’

CRISIL Ranks XS CAD Highest Credit Worthiness.

For the second year running, XS CAD was accredited ‘MSE 1’ rating by CRISIL, an S&P Global Inc.-owned company. The MSE 1 credit is the highest credit worthiness in relation to other MSEs (micro and small enterprises).

The two parameters XS CAD scored highest on were financial strength (FS) and operating performance (OP), endorsing the reliability of XS CAD’s global services. The rating was decided after considering the stability of the organisation, management expertise, organisational structure, extent of the marketing network, health of the business model and operational efficiency. Other factors included profitability, liquidity position, credit protection methods and financial flexibility.

CRISIL’s detailed analysis of XS CAD’s functioning processes have helped the company examine, bolster and improve performance and operations.


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