Fitch Assigns First-Time ‘BBB–’ Rating to NaBFID with Stable Outlook

Fitch Ratings has assigned a first-time Long-Term Issuer Default Rating of ‘BBB–’ to the National Bank for Financing Infrastructure and Development (NaBFID), accompanied by a Stable Outlook AInvest+4Fitch Ratings+4Stocktwits+4.

Key Takeaways:

  • Government Support Indicator: Rated under Fitch’s Government-Related Entities criteria, NaBFID received a support score of 55, reflecting moderate yet meaningful backing from the government Fitch Ratings.
  • Mandate & Role: NaBFID is positioned as a specialised institution for financing long-term infrastructure projects across India. Its strong capital base and contractual linkage to government policies contribute to its credit profile Fitch Ratings.
  • Outlook Stability: The Stable Outlook reflects Fitch’s view that the Bank’s policy framework and capital adequacy provide adequate buffers to absorb expected infrastructure-sector risks.

Implications:

  • This rating signals market confidence in NaBFID’s ability to raise resources at reasonable costs for infrastructure financing.
  • The Stable Outlook suggests ongoing support and prudent financial planning aligned with India’s strategic infrastructure growth.

Source (full link):
https://www.fitchratings.com/research/international-public-finance/fitch-assigns-nabfid-first-time-bbb-idrs-outlook-stable-22-07-2025

Disclaimer:
This article is not drafted or authored by any employee of FinMen Advisors. The information is entirely sourced from the above news link. FinMen Advisors is not responsible for the accuracy, completeness, or reliability of the information.

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