Bank of Baroda receives affirmation in credit ratings from CRISIL

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Bank of Baroda has received affirmation in credit ratings from CRISIL for the existing debt instruments of the company as under:
Ratings actionRs.500 Crore Upper Tier-II Bonds (under Basel II)
CRISIL AAA/Stable (Reaffirmed)
Rs.2132 Crore Tier I Bonds (Under Basel III)
CRISIL AA+/Stable (Reaffirmed)
Rs.3500 Crore (Reduced from Rs.4850 Crore) Tier I Bonds (Under Basel III)
CRISIL AA+/Stable (Reaffirmed)
Rs.4500 Crore Tier I Bonds (Under Basel III)
CRISIL AA+/Stable (Reaffirmed)
Rs.850 Crore Lower Tier-II Bonds (under Basel II)
CRISIL AA+/Stable (Reaffirmed)
Rs.850 Crore Lower Tier-II Bonds (under Basel II)
CRISIL AA+/Stable (Reaffirmed)
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First Published: Nov 05 2022 | 1:09 PM IST