Brickwork Ratings India Pvt. Ltd. has reaffirmed IIFL Finance’s credit ratings. BWR AA+/Stable rating has been reaffirmed for Non-Convertible Debentures (NCDs) amounting to Rs. 1,022.04 crores. Additionally, a BWR AA/Stable rating has been reaffirmed for Perpetual Debt Instruments. The ratings apply to NCDs issued to the public amounting to Rs. 2,000 crores.
Credit Ratings Maintained
IIFL Finance has received confirmation from Brickwork Ratings India Pvt. Ltd. regarding its credit ratings for specific debt instruments. The announcement, dated November 21, 2025, highlights the continued stability and reliability of IIFL Finance’s financial profile.
Details of Reaffirmed Ratings
The key highlights of the ratings reaffirmation are:
- BWR AA+/Stable: Maintained for Non-Convertible Debentures (NCDs) totaling Rs. 1,022.04 crores.
- BWR AA/Stable: Maintained for Perpetual Debt Instruments.
These ratings apply to publically issued NCDs of IIFL Finance, which amount to Rs. 2,000 crores.
Source: BSE