Corporate News 22-Nov-22
Indian Bank receives fresh ratings for Tier 2 bonds from CARE
Indian Bank has received fresh rating CARE AAA with Stable Outlook to Bank's outstanding Tier 2 Bonds Series I of Rs.500 crore (ISIN- INE428A08028) and Tier 2 Bonds Series II of Rs.1000 crore (ISIN- INE428A08044). The said series of Bonds have existing rating from CRISIL Ratings of CRISIL AAA; Stable and Brickwork Ratings India of BWR AAA; Stable.
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