Bank of Indias long-term rating of ACUITE AA and proposed long-term rating of ACUITE AA+ have been reaffirmed and assigned, respectively, by Acuité. The outlook for both ratings is Positive. The rating takes into account improvement in profitability, capital position, credit growth, and strong parentage and capital support from the Government of India. However, it also considers asset quality concerns and the banks ability to maintain financial performance and asset quality in the future.