Religare's housing finance arm, RHDFCL, had its ICRA rating reaffirmed at [ICRA]BBB- (Stable)/[ICRA]A3 for 400 Cr bank lines.

This reflects adequate 186 Cr net worth and planned ~250 Cr capital infusion.

Key challenges are modest 243 Cr AUM and an 18.4 Cr net loss in FY2026.