Credit rating agency, CARE has reaffirmed ratings assigned to bank facilities of Housing Development Finance Corporation (HDFC). The credit rating agency has reaffirmed ‘AAA’ rating to the company’s long term bank facilities while the credit rating agency has reaffirmed ‘A1+’ rating to the company’s short term bank facilities.
The ratings factor in the market leadership of HDFC in the housing finance industry, long-standing track record of operations, adequate capitalization levels & strong resource raising ability, low operating costs, technology efficiency and good asset quality.
HDFC is a leading provider of Housing Finance in India. With its customized solutions the company has fulfilled over 5.1 million dreams over the last three and a half decades. Here is why the company is a household name that Indians proudly reckon with.
