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Entity-Specific Rating Rationales

29 Jan 2026

Reliance Industries Limited: Ratings reaffirmed for NCDs and commercial paper programme, reaffirmed and withdrawn for Rs. 3,000-crore NCD

Reliance Industries Limited: Ratings reaffirmed for NCDs and commercial paper programme, reaffirmed and withdrawn for Rs. 3,000-crore NCD

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30 Jan 2025

Reliance Industries Limited: Ratings reaffirmed

Reliance Industries Limited: Ratings reaffirmed

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02 Feb 2024

Reliance Industries Limited: Ratings reaffirmed

Reliance Industries Limited: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

14 Apr 2026

Reliance Industries Limited

Reliance Industries Limited (Non-SF)

17 Mar 2025

Reliance Industries Limited

Reliance Industries Limited (Non-SF)

01 Mar 2024

Reliance Industries Limited

Reliance Industries Limited (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Non-Convertible Debentures -- -- [ICRA]AAA(Stable) --
Commercial Paper [ICRA]A1+ -- -- --

Our Analysts

Analyst 1

Aryan Jaiswal

Analyst 2

Varun Gogia1

Sector Head

Girishkumar Kashiram Kadam
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