FINANCIAL INSTITUTIONS CREDIT OPINION 10 September 2020 Update RATINGS Bank of Baroda Domicile Mumbai, India Long Term CRR Ba1 Type LT Counterparty Risk Rating - Fgn Curr Outlook Not Assigned Long Term Debt Not Assigned Long Term Deposit Ba1 Type LT Bank Deposits - Fgn Curr Outlook
Moody's Investors Service says that the Indian government's plan to provide more capital support for its public sector banks in the year ending March 2019 (fiscal 2019) will restore capital adequacy and improve loan-loss coverage at many loss-making banks, but stress will persist. "...
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