Bank of Baroda — Credit Ratings, 27-02-2026: Credit Rating

CARE Ratings has reaffirmed Bank of Baroda's long-term ratings at CARE AAA; Stable for Tier II and Green Infrastructure Bonds, and short-term rating at CARE A1+ for Certificate of Deposits. The outlook remains Stable. This reaffirmation is driven by GoI's majority ownership and support, the bank's strong franchise, comfortable capital, and improving asset quality.