BIAL secures ICRA’s AAA Rating for safety standards

Bangalore International Airport Limited (BIAL) has secured the AAA rating (Stable Outlook) by ICRA Ltd, India Ratings and Research Pvt Ltd and Crisil Ratings Ltd. The AAA ratings indicate the highest degree of safety regarding timely servicing of financial obligations and lower credit risk. “We are honored to receive the AAA rating from ICRA, India Ratings and Research, and Crisil. This recognition reflects our robust business model and our commitment to sustainable growth. With regulated aeronautical revenues and our strategic investments in expanding capacity, we are well-positioned for continued success. Our focus remains on delivering long-term value to all stakeholders while maintaining a solid financial foundation,” Bhaskar Anand Rao, CFO, BIAL said.