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Moody’s downgrades rating of Indiabulls Housing Finance

25 Mar 2020 Evaluate

Moody’s has downgraded rating of Indiabulls Housing Finance with a negative outlook, citing challenges in raising funds. It downgraded the corporate family rating (CFR) and foreign-currency senior secured rating of the company to B3 from B2.

ndiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).

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