Don’t miss the latest developments in business and finance.

Indian Overseas Bank gets revision in ratings for Basel III Compliant AT-I Perpetual Bonds issue

Image
Capital Market
Last Updated : Jul 02 2015 | 8:13 PM IST

From Brickwork Ratings

Indian Overseas Bank announced that Brickwork Ratings has revised its rating from BWR A+ to BWR A with Stable Outlook for the Basel III Compliant Additional Tier I Perpetual Bonds issue of Rs 700 crore with a Green Shoe Option of Rs 300 crore (Total Rs 1000 crore).

Powered by Capital Market - Live News

Also Read

First Published: Jul 02 2015 | 6:40 PM IST

Next Story