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Housing & Urban Development Corporation has received assignment/ affirmation in credit ratings from India Ratings and Research as under:
Issuer ratings - IND AAA/ Stable (affirmed)
Long term borrowing programme FY2024 (Rs 18000 crore) - IND AAA/ Stable (assigned)
Bonds (including GOI fully serviced bonds) (Rs 46834 crore) - IND AAA/ Stable (affirmed)
Long term / short term bank loans (Rs 40000 crore) - IND AAA/ Stable / IND A1+ (affirmed)
Domestic time deposit (Rs 10 crore) - IND AAA/ Stable (affirmed)
Commercial paper (Rs 10000 crore) - IND A1+ (affirmed)
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