From CARE
Indian Bank announced that CARE Ratings vide their letter dated 10 May 2021 has assigned CARE AAA, Outlook Stable rating to Bank's proposed Basel III Tier 2 Bonds of Rs.1000 crore and CARE AA, Outlook Stable rating to Bank's proposed Basel III Additional Tier 1 (AT1) perpetual Bonds of Rs.500 crore.Powered by Capital Market - Live News