CARE Ratings Reaffirms Credit Rating of Aavas Financiers Limited, Revises Outlook to Positive

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....ARE Ratings Reaffirms Credit Rating of Aavas Financiers Limited, Revises Outlook to Positive<BR>PTI News<BR>Dated:- 27-9-2025<BR>PTI<BR>Jaipur, Rajasthan, India – Business Wire India Aavas Financiers Limited, one of India’s leading affordable housing finance companies, announced that CARE Ratings Limited has reaffirmed its credit ratings while revising the outlook from ‘Stable’ to ‘Po....

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....sitive’. The reaffirmation covers the Company’s long-term bank facilities as well as its non-convertible debentures (NCDs), underscoring its strong credit profile and operational resilience. This development reflects CARE Ratings’ confidence in Aavas’ consistent financial performance, prudent risk management, and healthy asset quality. Credit Rating Details Credit Rating Agency I....

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....nstrument Rating Action Rating; Outlook CARE Ratings Limited INR 9,662/- crore – Long-Term Bank Facilities Reaffirmed; Outlook revised from Stable to Positive CARE AA; Positive (Double A; Outlook: Positive) INR 1,339.11 crore – Non-Convertible Debentures (reduced from INR 5/- crore) Reaffirmed; Outlook revised from Stable to Positive CARE AA; Positive (Double A; Outlook: Posi....

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....tive) The Positive outlook indicates the potential for an upgrade in the future, supported by Aavas’ steady growth trajectory, expanding customer base, and operational discipline. Management Commentary Commenting on the development, Mr. Sachinder Bhinder, MD & CEO of Aavas Financiers Limited, said: “We are pleased with CARE Ratings’ reaffirmation and the revision in outlook to Positi....

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....ve. This recognition reflects our continued commitment to financial prudence, strong governance, and customer-centricity. At Aavas, we remain focused on empowering underserved communities by providing affordable housing finance solutions that bring people closer to their dream of homeownership.” About Aavas Financiers Limited Aavas Financiers Ltd. is a leading housing finance company focuse....

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....d on providing home loans to underserved and low-to-middle-income segments, particularly in semi-urban and rural areas. With a strong commitment to financial inclusion, innovation, and sustainability, Aavas empowers individuals and families to achieve their dream of owning a home. Through green housing and customer-centric initiatives, Aavas aims to build not just homes, but a better, greener futu....

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....re. The company manages INR 20,000+ crore in Assets Under Management and serves 250,000+ active customers across 400+ branches in 14 States of India. Aavas Financiers Limited is listed on NSE and BSE For more information, please visit: www.aavas.in (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the ....

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....same.). PTI<BR> News - Press release - PIB....