ICRA Nepal Assigns BBB Issuer Rating to Rajesh Metal Crafts Limited

ICRA Nepal Limited has assigned an issuer rating of [ICRANP-IR] BBB to Rajesh Metal Crafts Limited. This rating indicates a moderate degree of safety regarding the company’s ability to meet its financial obligations on time.

ICRA Nepal clarified that the rating reflects the overall creditworthiness of the entity and is not specific to any particular debt instrument. The rating scale ranges from [ICRANP-IR] AA to [ICRANP-IR] C, with plus (+) or minus (–) signs used to show relative standing within each category, where BBB+ is one notch higher and BBB– one notch lower than BBB.