Rail Vikas Nigam Limited has informed the Exchange about Credit Rating
RVNL · price
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Rail Vikas Nigam Limited (RVNL) has obtained credit ratings from Care Edge (CARE Ratings) for its bank facilities. A long-term bank facility of ₹1,510 crore has been newly assigned a rating of CARE AAA with Stable outlook, the highest credit rating. Additionally, a ₹30 crore long-term facility and a ₹8,500 crore long-term/short-term bank facility have been reaffirmed at CARE AAA (Stable) / CARE A1+. The AAA rating indicates the highest level of safety and the lowest credit risk for lenders.
Positive for shareholders — the reaffirmation of the highest AAA credit rating reflects RVNL's strong financial health, low debt risk, and easy access to low-cost borrowings. The newly assigned AAA rating on the ₹1,510 crore facility signals continued lender confidence in the company.