Desktop Site
|
25 Apr 24 | 16:00
|
Close
Equity
SME
Eq Drv
Currency
Commodity
Corporates
Get Quote
*
Notices
|
S&P
BSE SENSEX
74,339.44
+486.50
+0.66 %
Corporate Announcement
Security Code
535789
Company
Indiabulls Housing Finance Ltd
Exchange Received Time
18/11/2021 21:32:45
Exchange Disseminated Time
18/11/2021 21:32:57
Time Taken
00:00:12
Announcement under Regulation 30 (LODR)-Credit Rating |
11/18/2021 9:32:48 PM
This is with reference to the rating rationale of Indiabulls Housing Finance Limited [IBH] received from the rating agency Brickwork Ratings India Pvt. Ltd., on November 18, 2021. The rating committee of Brickwork Ratings India Pvt. Ltd. has revised the Company's outlook to 'Stable' from 'Negative'.
The long-term credit rating of Indiabulls Housing Finance Ltd has been reaffirmed at 'BWR AA+' and Perpetual Debt rating has been reaffirmed at 'BWR AA'.
Brickwork noted the following in revising the rating outlook to stable:
- Comfortable capitalization levels
- Established market position
- Strong liquidity position
- Minimal slippages and healthy collections
- Diversified resource profile
Kindly take the above information on record.
Attachment
<< Back
Recently Viewed