ICRA Nepal Withdraws Ratings of Samudayik, Unnati, and Upakar Laghubitta Bittiya Sanstha Over Non-Cooperation

ICRA Nepal Limited has withdrawn the [ICRANP-IR] B@* “Issuer Not Cooperating” rating of Samudayik Laghubitta Bittiya Sanstha Limited (formerly BPW Laghubitta Sanstha Limited) due to non-cooperation. The rating, under watch with negative implications, indicates general creditworthiness and is not linked to any specific debt instrument.

Similarly, ICRA Nepal Limited has withdrawn the [ICRANP-IR] B@* “Issuer Not Cooperating” rating of Unnati Sahakarya Laghubitta Bittiya Sanstha Limited due to the company’s non-cooperation. The rating, under watch with negative implications, reflects general creditworthiness and is not linked to any specific debt instrument.

And, ICRA Nepal Limited has withdrawn the [ICRANP-IR] B+@* “Issuer Not Cooperating” rating of Upakar Laghubitta Bittiya Sanstha Limited due to the company’s non-cooperation. The rating, under watch with negative implications, reflects general creditworthiness and is not linked to any specific debt instrument.