India Ratings and Research has affirmed the credit ratings for IIFL Finance Limited and its material subsidiaries, IIFL Home Finance Limited and IIFL Samasta Finance Limited. The ratings reflect the company’s stable financial outlook and creditworthiness. This affirmation is a positive indicator for stakeholders, suggesting continued financial health and operational stability for the group.
Credit Ratings Affirmed for IIFL Finance Group
India Ratings and Research Private Limited has officially affirmed the credit ratings for IIFL Finance Limited. This includes ratings for Non-Convertible Debentures (NCDs), Subordinated debt, and Bank Loan Facilities at IND AA/Stable, and Perpetual Debt (Tier I Instrument) at IND AA-/Stable.
Subsidiary Ratings Also Affirmed
Furthermore, India Ratings has also affirmed its IND AA/Stable rating for NCDs of IIFL Home Finance Limited, a significant subsidiary of IIFL Finance. Similarly, the NCDs of another material subsidiary, IIFL Samasta Finance Limited, have also received an IND AA/Stable rating.
Details of Ratings
These affirmations by India Ratings indicate a stable outlook for the financial health and creditworthiness of the IIFL Finance group. The detailed ratings for IIFL Finance Limited, IIFL Home Finance Limited, and IIFL Samasta Finance Limited are available on the India Ratings website.
IIFL Finance Limited: https://www.indiaratings.co.in/pressrelease/39mfo2suz83z2wsneilcjzl0/iiflfinance
IIFL Home Finance Limited: https://www.indiaratings.co.in/pressrelease/86700
IIFL Samasta Finance Limited: https://www.indiaratings.co.in/pressrelease/1npj3d6e5il5d2tfvh5oy782/iiflsamastafinance
Source: BSE
