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INDIA'S BEST BANKS 2006-2007: CATEGORY - STRENGTH & SOUNDNESS (Bank of America ranks 4th among foreign banks).

India Business Insight

| March 31, 2008 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Bank of America NA (BoA) has been ranked 4th among foreign banks in terms of strength and soundness, in the India's Best Banks 2006-2007 survey conducted by Financial Express and Ernst & Young.

The ranking covers parameters such as capital adequacy ratio, core capital, credit/(deposit+borrowing) ratio, borrowing/deposit ratio, total assets …

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