This is to inform you that the Company has obtained new rating for Non Convertible debenture for an amount Rs.10000 Cr. from CARE Rating Ltd.
LICHSGFIN · price
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LIC Housing Finance has received a credit rating of 'CARE AAA; Stable' from CARE Ratings Limited for Non-Convertible Debentures aggregating Rs. 10,000 crore. The rating action is 'Assigned', indicating this is a fresh rating for a new debt instrument rather than a change to an existing one. AAA is the highest investment-grade rating, signalling the strongest capacity to service debt obligations. The disclosure has been made under SEBI Listing Regulations to both NSE and BSE, with the information also hosted on the company's website.
The AAA Stable rating reflects the company's strong creditworthiness and low default risk, which is positive for shareholders. It also means LIC Housing Finance can raise up to Rs. 10,000 crore through NCDs at attractive interest rates, supporting its lending growth.