Credit Research

Sep 10th 2020

India Bull Housing Finance (IBHFL)

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In Feb 2020, Indiabulls Housing Finance Ltd has been downgraded to AA from AA+ by both ICRA and CRISIL. The downgrade has been caused by continued challenges faced by IBHFL in mobilizing long-term resources and the weakening of its market position as a leading financier to the housing sector.

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Subhasis Mishra
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