Housing & Urban Development Corporation Limited — Credit Ratings, 15-01-2026: Credit Rating

CARE Ratings reaffirmed HUDCO's long-term instruments at CARE AAA (Stable outlook) and short-term instruments at CARE A1+. This reflects HUDCO's strategic importance to the Government of India, majority government ownership, and robust asset quality, with most loans backed by government guarantees. Healthy financials and adequate liquidity further supported the reaffirmation.