Housing & Urban Development Corporation gets revision in credit ratings

Capital Market 

From CARE Ratings and ICRA

Housing & has revised CARE Ratings and has assigned/ reaffirmed to the company's borrowing programme -

Long term borrowing programme / bonds (Rs 40000 crore) - CARE AAA and AAA/ Stable

Commercial paper (Rs 8500 crore) - CARE A1+ and A1+

Long term / (Rs 15000 crore) - CARE AAA/ Stable; CARE A1+ and ICRA AAA/ Stable; ICRA A1+

Fixed deposit programme (Rs 2000 crore) - CARE AAA(FD)/ Stable

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First Published: Wed, May 30 2018. 12:00 IST