Business EconomyPosted at: May 13 2026 5:06PM


CARE Ratings upgrades long-term debt programme of Samaan Capital to 'CARE AA positive'

New Delhi, May 13 (UNI): CARE Ratings Limited has upgraded the credit rating assigned to the long-term debt programme of Samaan Capital Limited to "CARE AA (positive); Stable," the company informed in a stock filing on Wednesday.
The rating assigned to the Commercial Paper and Short-term non-convertible debentures of the company has been reaffirmed at "CARE A1 (positive)." It has also upgraded the rating assigned to the company's perpetual debt instruments to "CARE AA/Stable" from "CARE A (positive)."
Behind the upgradation of ratings, the rating agency pointed out reasons like the strategic importance of the SCL roadmap in the IHCs roadmap for its financial services business in India.
Additionally, CARE Ratings highlighted the established track record of the company in the mortgage finance business.
Saaman Capital is a major mortgage-focused non-banking financial company (NBFC). It focuses on affordable home loans and loans against property under the parentage of International Holding Company (IHC). UNI SAS AKU
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Tags: #CARE Ratings upgrades long-term debt programme of Samaan Capital to 'CARE AA positive'
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