{
  "id": 6253478,
  "title": "Bank Of India Secures ‘BBB’ Rating From S&P, Backed By Strong Funding And Adequate Capitalisation",
  "url": "https://urgent.news/2026/09/08/bank-of-india-secures-bbb-rating-from-s-p-backed-by-strong-funding",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-08T08:11:18.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/bank-of-india-secures-bbb-rating-from-sp-backed-by-strong-funding-and-adequate-capitalisation"
  },
  "original_language": "en",
  "account": "S&P Global Ratings has given Bank of India a 'BBB' long-term credit rating, recognizing the public sector lender's strong funding, adequate capitalization and healthy liquidity position. The US-based agency also assigned an 'A-2' short-term rating, while keeping a stable outlook for Bank of India.\n\nThe rating reflects the likelihood of government support from the Indian government should it be needed. BoI's role in promoting financial inclusion by expanding access to deposits and credit also played a part in the rating. The bank is majority-owned and controlled by the government, indicating strong ties between the two.\n\nS&P expects BoI to maintain adequate capital, strong funding and healthy liquidity over the next two years. The lender's creditworthiness is underpinned by a solid deposit franchise, high customer confidence linked to government ownership, and ample liquidity. However, there's room for improvement in profitability and asset quality, which the bank should focus on over the next two years. BoI's capital position is also expected to stay sufficient to support credit growth above the industry average, further bolstering its credit profile.",
  "summary": "New Delhi: S&P Global Ratings has assigned a ‘BBB’ long-term credit rating to Bank of India (BoI), citing the public sector lender's adequate capitalisation, strong funding profile and healthy liquidity position. The US-based rating agency also assigned an ‘A-2’ short-term issuer credit rating to Bank of India, while maintaining a stable outlook on the long-term rating. A ‘BBB’ rating indicates…",
  "key_points": [
    "Bank of India receives BBB rating from S&P Global Ratings",
    "Strong funding, adequate capitalization, and healthy liquidity support rating",
    "Government support and financial inclusion role contribute to rating"
  ],
  "editors_take": "The rating upgrade reflects S&P's expectation that Bank of India's strong government ties and role in promoting financial inclusion will continue to provide a stable foundation for its credit profile.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}