IIFL Finance updates on subsidiaries credit ratings

By Brickworks Ratings Private Limited

Brickwork Ratings India Private Limited (?BWR?), has reaffirmed the ratings for IIFL Home Finance Limited (?HFC?), a material subsidiary of the Company, as BWR AA+ for the Non-Convertible Debentures (?NCDs?) and unsecured subordinated NCDs. Further, the outlook of the rating has been revised from 'Negative' to 'Stable'.

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