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Indian Bank receives revision in credit ratings from CRSIIL

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

Basel III AT 1 Perpetual Bonds - CRISIL AA+; Stable (reaffirmed)
Basel III Tier 2 Bonds - CRISIL AAA; Stable (reaffirmed)
Certificate of deposits (Rs 25000 crore including proposed CDs of Rs 10000 crore) - CRISIL A1+ (assigned)

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First Published: Mar 30 2022 | 3:35 PM IST

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