PNB Housing Finance Limited — Credit Ratings, 26-08-2025: Credit Rating

CARE Ratings reaffirmed PNB Housing Finance's debt instruments and bank facilities at 'CARE AA+; Stable' (long-term) and 'CARE A1+' (short-term). This reflects improved profitability, comfortable capitalisation, and diversified funding. PNBHFL's strong market position as India's third-largest HFC (AUM ₹82,100 Cr) and PNB's brand linkage were also key factors.