Bank of India — Credit Ratings, 19-08-2026: Credit Rating

Infomerics reaffirms Bank of India's Basel III Compliant Tier II Bonds at IVR AAA/Stable. The outlook is stable, reflecting strong government backing, improved earnings (Q1FY27 PAT up 36%), diversified loan book, and robust capital. The bank also shows improving asset quality, but balancing deposit growth with advances is an ongoing focus.