PNB Housing Finance Limited — Credit Ratings, 07-05-2026: Credit Rating

PNB Housing Finance's long-term credit rating has been upgraded by CARE Ratings to 'CARE AAA; Stable' from 'CARE AA+; Stable'. This applies to various long-term instruments and bank facilities. Short-term ratings for Commercial Paper were reaffirmed at 'CARE A1+'. The upgrade reflects strong promoter support from PNB, improved asset quality, robust capitalisation, and diversified funding.