CARE withdraws rating assigned to long-term debt of Edelweiss Financial Services

CARE has withdrawn the rating assigned to the long-term debt of Rs 50 crore of Edelweiss Financial Services, with immediate effect, as the company has not raised any amount against the instrument and there is no amount outstanding against the instrument as on date. Edelweiss Financial Services is India’s leading diversified financial services company. It is engaged in the business of investment banking, brokerage services, asset management and financing.