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India Ratings & Research affirms rating of Indian Overseas Bank’s Tier II Bonds

24 Sep 2020 Evaluate

Credit rating agency -- India Ratings & Research has affirmed the rating of Indian Overseas Bank’s Tier II Bonds (under Basel III) amount of Rs 800 crore at 'AA-/Negative'.

Indian Overseas Bank is a pioneer in many fields - Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking.

 

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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