Bank Of Baroda has informed the Exchange about credit Rating- India Ratings & Research

India Ratings and Research (Ind-Ra) has affirmed Bank of Baroda's Long-Term Issuer Rating at IND AAA with a Stable outlook, along with all existing debt instrument ratings, including Certificate of Deposits (IND A1+), Basel III Tier 2 bonds (IND AAA), AT1 bonds (IND AA+), and Infrastructure & Affordable Housing Bonds (IND AAA). The affirmation reflects BOB's status as the third-largest public sector bank by deposits with about 6.6% market share, strong capitalisation (CET-1 ratio of 13.78%, total CAR of 17.19% in FY25), and improving asset quality (Gross NPAs at 2.26%, Net NPAs at 0.58% in FY25). The bank reported total assets of INR 17,812 billion and net income of INR 195.8 billion in FY25, with a return on assets of 1.16%. The agency noted some concerns around the declining CASA ratio (37.82% in FY25 vs 38.53% in FY24) but maintained its supportive view given the high probability of government support with the GoI holding a 63.97% stake.