CRISIL rates Integrated Securities' bank facilities at BBB/P2.

(ADPnews) - Apr 14, 2010 - Indian credit rating agency CRISIL rated at BBB with a "stable" outlook and at P2 the respective long- and short-term bank facilities of local Integrated Securities Ltd.

For arriving at its ratings, CRISIL has combined the business and financial risk profiles of Integrated Securities and its wholly owned subsidiary IGSL. The two entities, together referred to herein as the Integrated group, handle the financial services and securities broking businesses, respectively. There are strong operational synergies and management integration between these two entities.

The ratings reflect the diversity in the Integrated group's business …