Care Health Insurance Rating Affirmed at IND AA-/Stable

Religare Enterprises Ltd announced that its material subsidiary, Care Health Insurance Limited, has had its credit rating affirmed by India Ratings & Research Private Limited (Ind-Ra). The rating agency maintained the existing credit rating and assigned an additional subordinated debt rating of IND AA-/Stable. This affirmation indicates a stable outlook for the financial health and creditworthiness of Care Health Insurance Limited.