CRISIL assigns P1+ to JM Financial Products' debt issue
CRISIL has assigned its 'P1+' rating to JM Financial Products Ltd's Rs.6.5-billion short-term debt issue, and has reaffirmed its rating on the company's outstanding short-term debt at 'P1+'.
Research from Unbiased.co.uk, the professional advice website, reveals that consumer debt levels are rising again, as £5.5 billion was borrowed in Q2 2009 - nearly double the amount borrowed in the previous quarter.