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Corporate Announcement
  • Security Code535789
    CompanyIndiabulls Housing Finance Ltd
    Exchange Received Time17/05/2022 14:43:50
    Exchange Disseminated Time17/05/2022 14:43:50
    Time Taken00:00:00
     
     
     Announcement under Regulation 30 (LODR)-Credit Rating | 5/17/2022 2:43:50 PM 
     This is with reference to the rating rationale of Indiabulls Housing Finance Limited [IBH] received from the rating agency Moody's Investors Service, on May 17, 2022. The rating committee of Moody's Investors Service has revised the Company's outlook upward to 'Stable' from 'Negative'. The Corporate Family Rating and Foreign Currency Senior Secured Bonds rating of Indiabulls Housing Finance Ltd has been reaffirmed at 'B3' and Foreign and Local Currency Senior Secured MTN Program reaffirmed at (P)B3 ratings. Moody's noted the following in revising the rating outlook to stable: - Strong capital levels - High liquidity levels - Stabilization in access to funding  
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(122H) 25 Apr 24|13:26 (IST)