RVNL Receives CARE AAA Credit Rating for Key Bank Facilities
New Delhi: Rail Vikas Nigam Limited (RVNL) has obtained a CARE AAA; Stable credit rating from Care Edge for its long-term bank facilities, reflecting the company’s strong financial health and robust operational performance.
The credit rating details are as follows:
-
Long-Term Bank Facilities: ₹1,510 crore – CARE AAA; Stable (Assigned)
-
Long-Term Bank Facilities: ₹30 crore – CARE AAA; Stable (Reaffirmed)
-
Long-Term / Short-Term Bank Facilities: ₹8,500 crore – CARE AAA; Stable / CARE A1+ (Reaffirmed)
This rating affirms RVNL’s creditworthiness and strong standing in India’s infrastructure and rail development sector. The AAA rating signifies highest safety for lenders and reflects the company’s ability to meet its financial obligations reliably.
Kalpana Dubey, Company Secretary & Compliance Officer of RVNL, confirmed that this rating update has been shared with the National Stock Exchange (NSE) and BSE, in compliance with SEBI (LODR) Regulations, 2015.
The reaffirmation of these ratings demonstrates RVNL’s financial discipline and project execution capability, reinforcing confidence among investors, lenders, and stakeholders in the company’s long-term growth prospects.