- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
CRISIL has reaffirmed GIC Housing Finance Ltd.’s credit ratings with a stable outlook across key borrowing instruments. The company retains an AA+ rating on long-term bank facilities aggregating Rs. 8,100 Cr and non-convertible debentures of Rs. 1,030 Cr (down from Rs. 1,355 Cr due to debt redemption), along with an A1+ rating on short-term bank facilities of Rs. 1,000 Cr and commercial paper of Rs. 1,500 Cr. The reaffirmation reflects GIC Housing Finance’s stable credit profile and consistent financial health. Maintaining these strong ratings supports investor confidence and helps the company retain favorable borrowing costs and strategic financial flexibility going forward.