Credit rating agency CARE has assigned AA rating to Rs 200 crore perpetual debt programme of Indiabulls Financial Services.
The company has received the said rating on the back of established franchise of the Indiabulls group and large branch network of Indiabulls Financial Services and its wholly owned HFC subsidiary Indiabulls Housing Finance (IBHFL).
Indiabulls Financial Services (IBFSL) is registered with RBI as systematically important non deposit taking NBFC. Currently, IBFSL is mainly engaged in the business of mortgage financing (home loans, loan against property and lease rental discounting), commercial vehicle finance and corporate finance. It has presence at 160 locations throughout 18 states and union territories of India.
Company Name | CMP |
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Bajaj Finance | 6702.50 |
Shriram Finance | 2352.85 |
Aditya Birla Capital | 223.85 |
SBI Cards AndPayment | 692.15 |
Chola Invest & Fin. | 1238.00 |
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