The company has now been rated MSE 2 by CRISIL which is significant especially in the light of travel suppliers going bankrupt in recent times.
roomsXML Solutions Limited has now been rated MSE 2 by CRISIL, an S&P Global company. The rating indicates high credit worthiness, good financial strength and highest operating performance. Prakash Bang, Founder and Executive Chairman, roomsXML Solutions Limited, said, “It is really humbling for a family-owned, bootstrapped and debt-free business like ours to get this rating in a highly competitive industry. I would like to recognise the support extended by our suppliers and thank our customers for reposing the confidence in us.” S&P Global (Standard & Poor’s), established in 1860, is the world’s foremost credit rating agency. Government and corporate sector rely on S&P Global ratings to make informed investment decisions. CRISIL, an S&P Global company, is India’s leading rating agency. Bang adds, “This rating is of significance especially in the light of travel suppliers going bankrupt in recent times. It is good to know that when travel agents choose to work with roomsXML their bookings are in safe hands.” The winner of India Travel Awards, roomsXML is also ISO 9001:2008 certified.