Indian Bank — Capital/Financing Update 2018

Nov 7, 2018

Corporate Office Investor Services Cell 254-260, Avvai Shanmugam Salai Royapettah Chennai 600 014

Ref : ISC / 494 /2018-19

07.11.2018

The Vice PresidentNational Stock Exchange of India Limited	The ManagerB S E Limited
"Exchange Plaza", Bandra Kuria	Phiroze Jeejibhai Towers
Complex, Bandra East	Dalai Street
Mumbai - 400 051.	Mumbai - 400 001.

Dear Sir,

Sub : Corporate Announcement - NSE Symbol : INDIANB - Scrip Code : 532814.

We refer to our following earlier letters;

• 1. Letter dated 02.08.2016 conveying the approval accorded by Bank's Board to raise Basel III Compliant AT1 and / or Tier 2 Bonds upto Rs.1000 crore in one or more tranches in the current or subsequent years based on requirement.
• 1. Letter dated 30.10.2018 conveying successful raising of Rs.290 crore under Basel III Compliant Tier 2 Bonds on 30.10.2018.

We wish to inform that the Bank has now successfully raised further Rs.110 crore under Basel III Compliant Tier 2 Bonds on 06.11.2018 with a coupon rate of 8.85%p.a., tenor at 10 years and call option after completion of 5 years, on private placement basis. The credit rating assigned is "CRISIL AAA/Stable" and "CARE AAA" .

The above are submitted In compliance to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

We request you to take the same on record.

Yours faithfully,

(Bimal ah ) Company Secretary & Compliance Officer