Housing & Urban Development Corporation Limited — Credit Ratings, 04-12-2025: Credit Rating

Japan Credit Rating Agency (JCR) has reaffirmed Housing and Urban Development Corporation (HUDCO)'s Foreign and Local Currency Long-term Issuer Ratings at 'BBB+' with a 'Stable' outlook. This reflects HUDCO's strong linkage to the Indian government's creditworthiness, its crucial role in housing and urban development, and sound financial health. Robust government guarantees also support the rating.