PTC India Financial Services receives revision in credit ratings

1 Non-Convertible Debenture [ICRA]A- (Negative); downgraded from [ICRA]A+ (Negative) 2 Fund based-Term Loan [ICRA]A- (Negative); downgraded from [ICRA] A+ (Negative) 3 Fund based-Short Term [ICRA]A2+; downgraded from [ICRA]A1 4 Commercial Paper [ICRA]A2+; downgraded from [ICRA]A1