Nuvama Wealth Management Upgraded to CARE AA; Stable — Diversified Growth and Profitability Drive Rating Boost
Kolkata: CareEdge Ratings has upgraded the long-term credit rating of Nuvama Wealth Management Limited (NWML) to CARE AA; Stable, while reaffirming its short-term rating at CARE A1+. The upgrade reflects the company’s strong financial performance, consistent profitability, and a well-diversified business model across wealth management, asset services, asset management, and capital markets. In its rating…
