Tier 2 Bonds (Basel III) (Rs 500 crore) - BWR AAA/Stable (Revised from BWR A+ and removed from credit watch)
Tier 2 Bonds (Basel III) (Rs 1000 crore) - BWR AAA/Stable (Revised from BWR A+ and removed from credit watch)
The said e-AB Tier 2 Bonds became the outstanding Tier 2 Bonds of Indian Bank post amalgamation of Allahabad Bank into Indian Bank.