CARE Upgrades Aptus Value Housing's Rating To ‘AA’; Outlook Stable

CARE Ratings has upgraded Aptus Value Housing Finance India Ltd.’s credit rating to ‘AA’ from ‘AA-’ and revised the outlook to stable from positive, the company said in an exchange filing on Saturday.

The revised rating covers long-term bank facilities of ₹21.00 billion, along with the company’s non-convertible debentures, the filing added.