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Entity-Specific Rating Rationales

13 May 2026

Housing and Urban Development Corporation Ltd.: Ratings reaffirmed; rated amount enhanced

Housing and Urban Development Corporation Ltd.: Ratings reaffirmed; rated amount enhanced

14 May 2025

Housing and Urban Development Corporation Ltd.: Ratings reaffirmed; rated amount enhanced

Housing and Urban Development Corporation Ltd.: Ratings reaffirmed; rated amount enhanced

14 May 2024

Housing and Urban Development Corporation Ltd.: [ICRA]AAA (Stable) assigned, rated amount enhanced and ratings reaffirmed

Housing and Urban Development Corporation Ltd.: [ICRA]AAA (Stable) assigned, rated amount enhanced and ratings reaffirmed

24 Apr 2024

Housing and Urban Development Corporation Ltd.: Ratings reaffirmed

Housing and Urban Development Corporation Ltd.: Ratings reaffirmed

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Entity-Specific Credit Perspective Reports

05 Jun 2026

Housing and Urban Development Corporation Ltd.

Housing and Urban Development Corporation Ltd. (Non-SF)

11 Jun 2025

Housing and Urban Development Corporation Ltd.

Housing and Urban Development Corporation Ltd. (Non-SF)

11 Jun 2024

Housing and Urban Development Corporation Ltd.

Housing and Urban Development Corporation Ltd. (Non-SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Fixed Deposit -- -- [ICRA]AAA(Stable) --
Borrowing Programme -- -- [ICRA]AAA(Stable) --
Borrowing Programme -- -- [ICRA]AAA(Stable) --
Borrowing Programme -- -- [ICRA]AAA(Stable) --
Commercial Paper [ICRA]A1+ -- -- --
Long-term/Short-term – Fund-based/Non-fund based – Others [ICRA]A1+ -- [ICRA]AAA(Stable) --

Our Analysts

Analyst 1

Mishi Yadav

Analyst 2

Sandeep Sharma

Sector Head

Karthik Srinivasan
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