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

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