JUN
National Housing Finance and Investments Ltd.’s Credit Rating upgraded from “A1” to “AA-”
National Housing Finance and Investments Ltd (NHFIL) a publicly listed leading NBFI of the country has accorded upgraded credit rating from “A1” to “AA-” in long term credit rated by Credit Rating Information and Services Limited (CRISL) based on the audited financial statement of the company as on December 31, 2020 and un-audited financial statements up to 31st March 2021, which was “A1” last year. The category of “AA-” for Long Term indicating that NHFIL has very strong capacity for timely servicing of financial obligations offering high safety with carrying very low risk
In the Short Term rating, NHFIL has been awarded as “ST-2”, which indicates NHFIL has strong capacity for timely repayment of financial obligations carrying lowest credit risk. The rating as such denotes that NHFIL is on a very sound and strong stability in terms of its liquidity base, internal fund generation capacity and also having alternative sources of arranging funds.
NHFIL's outlook remains "Stable". The outlook implies that NHFIL is on the consistent growth having prospect of further progression with sustainability.
National Housing Finance and Investments Ltd (NHFIL) a publicly listed leading NBFI of the country has accorded upgraded credit rating from “A1” to “AA-” in long term credit rated by Credit Rating Information and Services Limited (CRISL) based on the audited financial statement of the company as on December 31, 2020 and un-audited financial statements up to 31st March 2021, which was “A1” last year. The category of “AA-” for Long Term indicating that NHFIL has very strong capacity for timely servicing of financial obligations offering high safety with carrying very low risk
In the Short Term rating, NHFIL has been awarded as “ST-2”, which indicates NHFIL has strong capacity for timely repayment of financial obligations carrying lowest credit risk. The rating as such denotes that NHFIL is on a very sound and strong stability in terms of its liquidity base, internal fund generation capacity and also having alternative sources of arranging funds.
NHFIL's outlook remains "Stable". The outlook implies that NHFIL is on the consistent growth having prospect of further progression with sustainability.
APPLY FOR LOAN
