Dewan Housing Finance Corporation announced that Brickwork Ratings India has downgraded the credit ratings for various debt instruments as under -
Secured NCD (public issue) - BWR AA- (credit watch with negative implications)
Secured NCD - BWR AA- (credit watch with negative implications)
Subordinated Debt - BWR AA- (credit watch with negative implications)
Innovative Perpetual Debt Instrument (IPDI) - BWR A+ (Credit watchwith Negative implications)
Fixed Deposits - BWR FAA - (Credit watchwith Negative implications)
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