17-Jun-2026 18:32:04

BANK OF BARODA : ASSIGNED 'CAREEDGE BBB+/STABLE' RATING

• CareEdge Global assigns 'CareEdge BBB+/Stable' long-term foreign currency issuer rating to Bank of Baroda (BoB). • The rating is also assigned to BoB's USD 4 billion global medium-term notes (GMTN) programme. • BoB benefits from majority ownership by the Government of India (GoI). • The rating outlook on BoB will move in tandem with CareEdge Global's outlook on India's sovereign rating. • Bank's core credit profile is healthy, with a robust domestic market position and comfortable capitalisation.

Bank of Baroda

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