Credit rating agency, Credit Analysis and Research (CARE) has reaffirmed ‘AA+’ rating to Indiabulls Financial Services’ long term debt programme.
Earlier in September, ICRA, an associate of Moody’s Investors Service reaffirmed AA rating to the company’s long term debt programme.
Indiabulls Financial Services is registered with RBI as systematically important non deposit taking NBFC. Currently, the company 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.
