Bank of India (BOI) announced that CARE Ratings Limited has reaffirmed its credit rating for the bank's debt instruments. The long-term instruments, including Infrastructure Bonds and Tier-II Bonds, have been rated 'CARE AA+; Stable'. The bank's Certificate of Deposit has been rated 'CARE A1+'. The rating considers BOI's established franchise, pan-India branch network, comfortable capitalization supported by periodic infusions, diversified advances portfolio, and expected continued support from the Government of India, which holds a majority shareholding. However, the rating is partly offset by the bank's relatively weaker, though improving, asset quality and earnings profile compared to its peers. CARE Ratings expects net interest margins to face some pressure in FY26 due to faster repricing of advances than deposits post rate cuts, potentially moderating profitability in the near term. Key financial metrics as of September 30, 2025, include a Gross NPA ratio of 2.54%, Net NPA ratio of 0.65%, and a Total Capital Adequacy Ratio (CAR) of 16.69%. The bank reported a Profit After Tax (PAT) of ₹4,807 crore for H1FY26. The bank's liquidity profile is deemed adequate, supported by its retail and CASA depositor base, with a Liquidity Coverage Ratio (LCR) of 119.76% and a Net Stable Funding Ratio (NSFR) of 113.88%.