trending Market Intelligence /marketintelligence/en/news-insights/trending/nVaAsBDTE_Qx5rXyYI6N7w2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Fitch affirms, removes Bank of Baroda viability rating from Watch Negative

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Fitch affirms, removes Bank of Baroda viability rating from Watch Negative

Fitch Ratings affirmed the "bb" viability rating on India's Bank of Baroda and removed the rating from Rating Watch Negative.

The rating agency said Dec. 17 that it also affirmed the bank's long- and short-term issuer default ratings at BBB- and F3, respectively, with a stable outlook. The lender's support and support rating floor were affirmed at 2 and BBB-, respectively.

The removal of the bank's viability rating from Rating Watch Negative came after the bank's reporting of consolidated financial statements since its merger with Vijaya Bank and Dena Bank in April.

The affirmation of the bank's viability rating reflects its stable asset quality in the six months since the merger, Fitch said, adding that it expects the bank's overall performance to remain subdued given the weak macro environment and potential stress in the nonbank and real estate sectors in India.