In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indian Bank has informed that S&P Global Ratings has reaffirmed their 'BBB-' long-term and 'A-3' short-term issuer credit ratings on Indian Bank and revised its rating outlook to Stable from Negative. A copy of communication received from S&P Global Ratings regarding their rating action is enclosed.
The above information is a part of company’s filings submitted to BSE.