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Created: 2025-07-04 05:31:18 UTC

GIC Housing Finance Ltd. announced credit ratings from CRISIL. Long-term bank facilities and NCDs were reaffirmed at AA+ with a stable outlook. Short-term bank facilities and commercial paper were reaffirmed at A1+. NCDs aggregating to ₹325 cr. were withdrawn due to redemption. 🏦✅

Key Highlights:

- 𝗖𝗿𝗲𝗱𝗶𝘁 𝗥𝗮𝘁𝗶𝗻𝗴𝘀:
  ▪ CRISIL reaffirmed ratings.
  ▪ Long Term Bank Facility: AA+ (Stable Outlook)
  ▪ Short Term Bank Facility: A1+
  ▪ NCDs: AA+ (Stable Outlook) - Reduced from ₹1355 cr.
  ▪ Commercial Paper: A1+

- 𝗥𝗮𝘁𝗶𝗻𝗴 𝗔𝗰𝘁𝗶𝗼𝗻:
  ▪ Ratings reaffirmed.
  ▪ NCDs aggregating to ₹325 cr. withdrawn due to redemption. 💰

📊 GIC HOUSING FINANCE LTD | 🏷️ Credit Rating

🌐 Details:

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**Related Topics**
[longterm](/topic/longterm)
[finance](/topic/finance)

[Post Link](https://x.com/wegro_app/status/1941006884414341209)