India, 30 June 2025: Aptus Value Housing Finance India Limited, a leading housing finance company, announced that CARE Ratings Limited has upgraded the credit rating of the Company’s long-term bank facilities and Non-Convertible Debentures (NCDs) to CARE AA; Stable from CARE AA-; Positive.
Key Highlights:
- Upgraded Rating: CARE Ratings upgraded the long-term credit rating to CARE AA; Stable, reflecting Aptus’ consistent performance, strong asset quality, and robust capitalization.
- Facilities Covered:
- Long-Term Bank Facilities of ₹2,100 crore.
- Non-Convertible Debentures totalling ₹1,065 crore.
Commenting on the rating upgrade, Mr. P. Balaji, Managing Director said, “This credit rating upgrade will help us to further diversify our borrowings from Insurance Companies and Mutual Funds in addition to borrowings from banks and will also help us to negotiate better cost of funds both on our existing and incremental borrowings”
About Aptus Value Housing Finance India Limited: (aptusindia.com; BSE: 543335; NSE: APTUS)
Aptus Value Housing Finance India Limited is amongst the fastest growing & profitable affordable housing finance Company with a network of 300 branches catering to over 1,60,000 active live accounts in Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Odisha and Maharashtra. The company offers home loans for purchase and self-construction of residential property, home improvement, extension loans, loans against property and business loans to the low and middle-income groups.
