Aavas Financiers Limited — Credit Ratings, 11-06-2025: Credit Rating

CARE Ratings has reaffirmed Aavas Financiers Limited’s long-term bank facilities rating at CARE AA with a stable outlook, including Non-Convertible Debentures rated CARE AA; Stable, covering Rs. 9,662 Cr and Rs. 1,344.11 Cr respectively. This reflects stable operational and financial performance for FY25. The company also withdrew its Rs. 100 Cr commercial paper rating. Maintaining strong credit ratings helps Aavas secure debt at competitive costs, enhancing investor confidence and supporting steady financial flexibility for its lending business.