Housing and Urban Development Corporation Credit Rating
Moody's Ratings has affirmed the Baa3 issuer ratings of HUDCO with a stable outlook. This rating action maintains HUDCO's current international credit standing.
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Moody's Ratings has affirmed the Baa3 issuer ratings of HUDCO with a stable outlook. This rating action maintains HUDCO's current international credit standing.
Japan Credit Rating Agency upgraded HUDCO's Foreign and Local Currency Long Term Issuer Ratings from BBB+ to A- with a stable outlook, reflecting India's sovereign rating upgrade.
CARE Ratings reaffirmed HUDCO's 'CARE AAA; Stable' rating for its ₹2.33 Lakh Crore debt portfolio. The rating reflects its strategic importance to the Government of India.
ICRA enhanced HUDCO's rated amount to ₹344,775 Crore, maintaining [ICRA]AAA (Stable) ratings. This reaffirmation reflects strong sovereign ownership and strategically important nodal role.
India Ratings affirmed HUDCO's issuer rating at 'IND AAA/Stable' and assigned the same to its proposed ₹70,000 Crore bond program. Ratings for existing bonds, bank facilities, and commercial paper were also affirmed. The action reflects HUDCO's strategic importance to the GoI and its strong financial performance in 9MFY26.