Bank of India receives downgrade in ratings from Moodys

Bank of India receives downgrade in ratings from Moodys

Sep 09, 2020 11:09 IST capital market

Bank of India announced that Moodys Investor Services has downgraded the long term local and foreign currency deposit ratings to Ba1 from Baa3 and the baseline credit assessment (BCAs) to b1 from ba3. The outlook is Negative.

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