Bank of India receives ratings action from CRISIL
Bank of India announced that CRISIL has upgraded its ratings on Additional Tier I Bonds (under Basel III) to CRISIL AA/ Stable from CRISIL AA-/Stable. CRISIL Ratings has also assigned its 'CRISIL AA+/Stable' rating to the Rs 1,800 crore tier II bonds (under
Basel III) and reaffirmed its 'CRISIL AA+/Stable/CRISIL A1+' ratings on the Tier II Bonds (under Basel III) and the certificate of
deposit.
CRISIL Ratings has also assigned its 'CRISIL AA+/Stable' rating to the Rs 1,800 crore tier II bonds (under Basel III) and reaffirmed its 'CRISIL AA+/Stable/CRISIL A1+' ratings on the Tier II Bonds (under Basel III) and the certificate of deposit.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Sep 22 2021 | 12:23 PM IST