JCR-VIS Credit Rating Company Limited has withdrawn the Management Quality Rating of BMA Asset Management Company Limited (BMA Funds) and the Fund Stability Rating of BMA Chundrigar Savings Fund (BCSF), with immediate effect, on account of non-renewal of rating contract. The last assigned ratings of BMA Funds and BCSF were 'AM2-' (AM two minus) and 'BB+(f)' (double B plus(f)), respectively.
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