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Indian Overseas Bank informs about credit rating

09 Mar 2022 Evaluate

Indian Overseas Bank has informed that Rating Agency- CARE Ratings has assigned its rating as 'CARE AA- /Stable' (Outlook: Stable) for the proposed issue of Rs 800 crore Tier II Bonds (under Basel III). Take this information on record, pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

The above information is a part of company’s filings submitted to BSE.

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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