Bank of India - Revision in Credit Rating

March 11, 2016 - 02:50:00 PM

Bank of India has informed BSE that Brickwork Limited has revised its Rating on Bank of India bonds. The revised rating is as under:

1. Basel II- Innovative Perpetual Debt Instruments Credit Rating revised from BWR AAA (Negative) to BWR AA+ (Negative).

2. Basel III- Tier-ll Bonds Credit Rating revised from BWR AAA (Negative) to BWR AA+ (Negative).

3. Baser III Additional Tier-1 Bonds Perpetual Credit Rating revised from BWR AA+ (Negative) to AA- (Negative).

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