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Dewan Housing Finance Corporation gets downgrade in credit ratings

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Capital Market
Last Updated : Apr 12 2019 | 10:04 AM IST

From Brickwork Ratings India

Dewan Housing Finance Corporation announced that Brickwork Ratings India has downgraded the credit ratings for various debt instruments as under -

Secured NCD (public issue) - BWR AA- (credit watch with negative implications)

Secured NCD - BWR AA- (credit watch with negative implications)

Subordinated Debt - BWR AA- (credit watch with negative implications)

Innovative Perpetual Debt Instrument (IPDI) - BWR A+ (Credit watch with Negative implications)

Fixed Deposits - BWR FAA - (Credit watch with Negative implications)

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First Published: Apr 12 2019 | 9:41 AM IST

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