CRISIL reaffirms rating of Indiabulls Housing Finance’s bank facilities

23 Dec 2013 Evaluate

Credit rating agency, CRISIL has reaffirmed AA/Stable rating to Indiabulls Housing Finance’s (IBHFL) long term bank facilities. The rating agency has also reaffirmed A1+ rating to the company’s short term bank facilities.

The company has received the said rating re-affirmation on the back of robust net worth, growing presence in the mortgage finance space, and comfortable earnings profile.

Indiabulls Finance Company is a Non-Deposit taking NBFC, registered with and regulated by RBI. IBHFL, along with its subsidiary IICL, will continue to focus on asset classes such as mortgages, commercial credit and commercial vehicle loans.

Sammaan Capital Share Price

134.95 1.30 (0.97%)
14-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
LIC Housing Finance 608.10
Housing & Urban Dev. 201.45
Bajaj Housing Financ 129.55
Sammaan Capital 134.95
PNB Housing Finance 904.05
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.