Credit rating agency, CARE has reaffirmed AAA rating to LIC Housing Finance’s Non Convertible Debentures worth Rs 13,000 crore which was enhanced from Rs 11,000 crore.
The company has received the said rating reaffirmation on the back of its longstanding track record and market position, comfortable liquidity position, comfortable capitalization and asset quality parameters.
LIC Housing Finance is the second largest housing finance player in India. It has one of the widest networks of over 205 offices across the country and representative offices at Dubai & Kuwait.
