Acuite Rating agency has reaffirmed the long-term rating of 'ACUITE AA-' to the Rs. 300 crores secured redeemable non-convertible debenture issued by the Tourism Finance Corporation of India Limited (TFCI). The outlook has been revised from 'Stable' to 'Negative'.According to the report released by Acuite, the rating is driven by an increase in stressed assets, which are gross non-performing loans and investments and 50 per cent of investments in security receipts, from Rs. l00.23 crores as...