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Bank of Baroda gets revision in Viability Rating

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Capital Market

From Fitch Ratings

Bank of Baroda announced that on 13 June 2018 Fitch Ratings has downgraded the Viability Rating of Bank of Baroda (BOB) from bb+ to bb; however, they have affirmed the (1) Short Term Issuer Default Rating of BOB at F3, (2) Long Term Issuer Default Rating of BOB at BBB- (3) Support Rating of BOB at 2 and (4) Support Rating Floor of BOB at BBB-.

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First Published: Jun 15 2018 | 1:11 PM IST

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