K.V. Kamath: India Poised For Strong Growth As Global Perception Shifts

CareEdge has made a major stride in the global finance arena with the launch of its subsidiary, CareEdge Global IFSC Limited, marking its entry into Global Scale Ratings. At the launch event, K. V. Kamath, Chairman of the National Bank for Financing Infrastructure and Development (NaBFID), discussed India’s evolving sovereign credit landscape over the past few decades. He noted that while rating agencies historically assessed India with certain biases and often overlooked its constraints, today’s outlook on the nation is markedly different. Kamath emphasized India’s promising future, highlighting the country’s extended runway for development and strong growth potential. He underlined that India’s economic prospects are increasingly robust, signaling a positive shift in global perception as the country continues to rise on the world stage.