Bank of India — Credit Ratings, 25-02-2026: Credit Rating

Fitch Ratings has affirmed Bank of India's Long-Term IDR at 'BBB-' with a Stable outlook, reflecting high government support. Significantly, Fitch upgraded BOI's Viability Rating (VR) to 'bb' from 'bb-'. This upgrade is driven by sustained improvements in the bank's risk profile, asset quality, capitalisation, and profitability, indicating stronger intrinsic financial health.