Indian Overseas Bank receives revision in credit ratings from CRISIL

Indian Overseas Bank has received revision in credit ratings from CRISIL as under:

Tier II Bonds (under Basel III) (Rs 1600 crore) - CRISIL AA-/Stable (outlook revised from CRISIL A+/Positive)

Fixed Deposit Programme (Rs 200000 crore)- CRISIL AA/Stable (outlook revised from FAA/Positive)

Certificate of Deposits programme - CRISIL A1+ (reaffirmed)

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