Bank of India’s Basel-III compliant Tier II Bonds have had their credit rating reaffirmed as AAA with a Stable outlook by the rating agency Infomerics. This reaffirmation signifies the bank’s strong creditworthiness and its continued ability to meet its financial obligations. The rating is valid as of August 14, 2026, reflecting ongoing confidence in the bank’s financial stability and operational performance.
Credit Rating Reaffirmed for Tier II Bonds
Bank of India is pleased to announce that its Basel-III compliant Tier II Bonds have received a reaffirmed credit rating. The rating agency, Infomerics, has assigned a credit rating of AAA to these bonds. This rating indicates the highest level of credit quality and lowest credit risk.
Stable Outlook and Verification
In addition to the rating, Infomerics has maintained a Stable outlook for the Tier II Bonds. The rating action, classified as a ‘Reaffirm’, was undertaken on August 14, 2026. The verification status of the credit rating agencies confirms that these ratings have been officially verified, providing assurance to investors. The specific ISIN for these Tier-II Bonds is INE084A08151.
This reaffirmation underscores the bank’s robust financial health and its consistent commitment to maintaining strong credit profiles for its debt instruments.
Source: BSE
