This report does not constitute a rating action. ALAC--Additional loss-absorbing capacity. CRA--Comparable ratings analysis. GRE--Government-related entity. ICR--Issuer credit rating. SACP--Stand-alone credit profile. Overview Key strengths Key risks Very high likelihood of government support Asset quality stress anticipated primarily from two segments: agriculture, and micro, small, and midsize enterprises (MSME) Stable deposit base and strong liquidity due to a well-established franchise and government parentage Some concentration in the loan book Profitability lags the industry Bank of India is a midsize public sector bank with a gradually growing market share. BOI's business position is underpinned by its established presence across India, large branch network, and a 3.0%-3.5% market share in loans and deposits as of the end of March 2026. The bank's
