Fitch rates Suresh Angadi loans B(ind)

Fitch Ratings said it assigned a final B(ind) rating to Suresh Angadi Education Foundation's Rs. 100 million long-term loans. The final rating is the same as the expected rating assigned in February.

The outlook is stable.

The institute is affiliated with the Karnataka government, sponsored Visvesvaraya Technological University, and is subject to fee and intake mix regulations, including reservations applicable to technical colleges in the state, the agency said.

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