Dun & Bradstreet appraised Mahindra & Mahindra with D&B rating 1

Dun & Bradstreet, the world's leading provider of global business information, knowledge and insight, today assigned the "D&B Rating 1' to Mahindra and Mahindra Ltd. The "D&B Rating 1' indicates that the company has the highest level of creditworthiness. Rating 1 is the highest possible rating and is a dynamic score that is continuously updated and reflects the most current situation at a company.

Sampat, President & CEO, Dun & Bradstreet India, presented Mr. Bharat Doshi, Executive Director & Group CFO, with the certificate attesting to the same."We are honoured to be the first to receive the D&B Rating 1 in India, which is a validation of our creditworthiness and strong corporate governance practices," said Doshi.

Speaking on the occasion, Sampat said, "The D&B Rating helps to quickly assess a firm's size and composite credit appraisal, based on information in a company's financial statement and an overall evaluation of its creditworthiness. The "D&B Rating 1' programme is a special initiative from Dun & Bradstreet that will help businesses establish their credibility on a global platform. In today's uncertain global economic climate, the D&B Rating 1 certificate will help position businesses as trusted and credible trading partners."

The D&B Rating system has long been recognized as the leading predictive indicator to assess business risks and provides an overall evaluation of the firm's creditworthiness. Dun & Bradstreet tracks and monitors performance of companies in the country and the D&B rating is valued globally as an informed opinion on the fundamental soundness of a company and the overall risk associated in conducting business with it.