Religare Housing Development Finance Corporation Limited (RHDFCL) Rating Upgraded to BBB-
May 13, 2025
New Delhi / Mumbai (Maharashtra) [India], May 13: Religare Housing Development Finance Corporation Limited (RHDFCL), a step down subsidiary of Religare Enterprises Limited (REL), today, announced that ICRA Limited has upgraded its rating to [ICRA]BBB- (Stable)/[ICRA]A3 for its Long-term/Short-term bank lines of Rs. 400 crores. This significant upgrade from the previous rating of [ICRA]BB (Stable)/[ICRA]A4 underscores the company's improving financial profile and operational stability.
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