Crisil revises Indiabulls HF's outlook to stable ANI | Updated: Apr 02, 2021 13:41 IST Mumbai (Maharashtra) [India], Apr 2 (ANI): Crisil has revised its rating outlook on long-term debt instruments and bank facilities of Indiabulls Housing Finance Ltd (IBHFL) to stable from negative while reaffirming the rating at AA. The rating on commercial paper programme and short-term non-convertible debenture programme has been reaffirmed at A1-plus. The current revision reflects IBHFL's strengthened capital position and expected further capital mobilisation in the medium term, continued fund raising which has benefitted from various schemes announced by Reserve Bank of India (RBI) and the government of India, and the lower than expected inching up in IBHFL's non-performing assets (NPAs) in retail book.