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Indian Overseas Bank
Central Office: P8.No.: 3768, 743 Anna Solci, Chennai 600 002
Investor Relations Cell
Balance Sheet Management Department
BSMD/IRC//¥4/2015.16
To
The Senior General Manager
Department of Corporate Senices
BSE Limited
Floor 25, P J Towers, Dalal Street
Mumbai 400001
28.07.2015
Deor sir,
Sub: Revision of Ratings by CARE for DEBT Inskuments
Usted in Wholesale Debt Segment (WDM)
The Credit Rating Agency. M/s. Credit Analysis & Research Limited (CARE) has
revised its rotings for Lower Tier Il Bond (Seres (Vil), Lower ie Bond! (Series X) ane!
BASEL il Compliant Tier| Perpetual Bond Issues, The revision in the rafings assigned
40 the Bonds is primarily on account of moderation in asset qualty porarneters
during Financial Year 2015 . consequent moderation in profitably and relatively
low capital adequacy levels. The ratings continue to factor in the majorty
‘ownership by Goveinment of Inca (Gol), long standing track record of operations
‘and sirong presence of the bank in South ina
INSTRUMENT "AMOUNT | Raling Remarks
(Rs. Core)
BASELIT Compliant ier 000 | CAREA Revied fiom CARE
Perpetual Bond Issue {Single A) At (Single A Plus)
lower Tier I Bond (Series) 200 | CARE AA- Revised from CARE
vu (Double A Minus) | AA (Double A)
lower ier Bond (Sevies X) | 300 | CARE AA- Revised fiom CARE
(Double A Minus) | AA (Double A)
This for your kind information and record to comply with Clause 36 of the Listing
Agreement
Thanking You,
Yous tits,
& lboge Reni)
Assistant General Manager