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Indian Overseas Bank gets revision in credit ratings for AT1 Perpetual Bond Issues

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Capital Market
Last Updated : Mar 03 2016 | 3:14 PM IST

From CARE

Indian Overseas Bank announced that CARE has revised its ratings for BASEL III Compliant Additional Tier I Perpetual Bond Issues (both for issued and proposed public issue).

BASEL III Compliant Additional Tier I Perpetual Bond Issue (Rs 1000 crore) - CARE BBB (Revised from CARE A-)

BASEL III Compliant Additional Tier I Perpetual Bond Issue (proposed public issue) (Rs 1000 crore) - CARE BBB (Revised from CARE A-)

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First Published: Mar 03 2016 | 11:29 AM IST

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