Bank of India — Credit Ratings, 17-07-2026: Credit Rating
17-07-2026 | 08:01 pm
17-07-2026 | 08:01 pm
ICRA assigned an [ICRA]AA+ (Stable) Issuer Rating to Bank of India and reaffirmed the [ICRA]AA+ (Stable) rating for its 2,500 Cr Basel III Tier II Bonds. The ratings reflect sovereign ownership, strong capital, and declining stressed assets. Profitability, while improving, remains below peer average, and asset quality requires monitoring.
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