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Housing & Urban Development Corporation Limited — Credit Ratings, 03-10-2025: Credit Rating- New
03-10-2025 | 10:13 pm
03-10-2025 | 10:13 pm
Moody's Ratings affirmed HUDCO's 'Baa3' issuer and senior unsecured MTN program ratings, matching India's sovereign rating, with a 'Stable' outlook. This reaffirmation highlights very high government support due to 75% ownership and HUDCO's policy role, further bolstered by stable asset risks from state government guarantees.
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