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Ind-Ra assigns 'IND AAA' rating to NHAI's tax-free bonds

Last Updated: Wednesday, September 2, 2015, 16:06

India Ratings and Research (Ind-Ra) has assigned NHAI's proposed Rs 24,000 crore tax-free bonds a long-term 'IND AAA' rating with stable outlook on the back of statutory status and financial as well as other linkages from the government.