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GIC Housing Finance NCDs Secure ‘AA+’ Crisil Rating, Stable Outlook Signals Strong Credit Profile

GIC Housing Finance NCDs Secure ‘AA+’ Crisil Rating, Stable Outlook Signals Strong Credit Profile
Photo: Free Press Journal · view original

Mumbai: Crisil Ratings has assigned an ‘AA+’ rating with a stable outlook to GIC Housing Finance’s non-convertible debentures worth ₹500 crore. The rating agency also reaffirmed its ‘AA+’ assessment on the company’s NCDs worth ₹500 crore and ₹430 crore. Both instruments carry a stable outlook. Lo...

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