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Indian Bank Capital/Financing Update 2021

Oct 1, 2021

61679_rns_2021-10-01_fc669841-16b0-4d2d-9cca-337d96cb4d41.pdf

Capital/Financing Update

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Ref No.: ISC/218 /2021-22 Date: 01.10.2021

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Dear Sir/Madam,

Subject: Rating Action on Bank's outstanding/ proposed Additional Tier 1 and Tier 2 Bonds by CRISIL Ratings Limited

In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we have to inform you that CRISIL Ratings Ltd. has:

  • (i) upgraded their rating on Bank's outstanding/ proposed Additional Tier 1 (AT 1) Bonds to CRISIL AA+ with Stable outlook from CRISIL AA with Stable outlook.
  • (ii) reaffirmed their rating of AAA with Stable outlook on Bank's outstanding/proposed Tier 2 Bonds.

The details are as under:

SI.No TfypeoBndos ISINNo IssueAntmou(Ris.n)crore EistixngRinatg RieedevwRinatg Rksemar
1 Bl IIIAT1aseBdsSieonersII INE562A08057 1048 CRISILAA/Sbltae CRISILAA+/Sbltae UdedfrpgraomCISRILANSbltae
2 Bl IIIAT1aseSBdsieonersIII INE562A08065 560 CIS/RILAASbltae CIS+/RILAASbltae UdedfrpgraomCRISILAA/Sbltae
3 Bl IIIAT1aseSBdsieonersIV INE562A08073 392 CRISILAA/Sbltae CRISILAA+/Sbltae UdedfrpgraomCRISILANSbltae
4 BelIIIAT1asBdson(P)dropose NA 1000 CIS/RILAASbltae CIS+/RILAASbltae UdedfrpgraomCRISILAA/Sbltae
SI.No TfBndpeoosy ISINNo IssueAntmou(Ris.n)crore EistixngRinatg RieedevwRinatg Rksemar
5 BelIIITie2asrBdsonTheAranc INE2A5608024 290 CRISILAAA/Sbltae CRISILAAA/Sbltae Rffirmedea
6 BelIIITie2asrBdsonTheBranc INE562A08032 110 CRISILAAA/Sbltae CRISILAAA/Sbltae ffRirmedea
7 BelIIITie2asrBdsonTheCranc INE562A08040 600 CRISILAAA/Sbltae CRISILAAA/Sbltae Rffirmedea
8 BelIIITie2asrBdsSieIoners INE428A08028 500 CRISILAAA/Sbltae CRISILAAA/Sbltae Rffiedearm
9 BelIIITie2asrSBdsieIIoners INE428A08044 1000 CRISILAAA/Sbltae CRISILAAA/Sbltae ffRirmedea
10 BelIIITie2asrBdsSieIVoners INE8A4208101 1500 CRISILAAA/Sbltae CRISILAAA/Sbltae Rffiedearm
11 BelIIITie2asrBdsSieVoners INE2A5608081 2000 CRISILAAA/Sbltae CRISILAAA/Sbltae Rffiedearm
12 BelIIITie2asrBdson(Pd)ropose NA 1000 CIS/RILAAASbltae CRISILAAA/Sbltae Rffiedearm

This is for your information, records and dissemination please.

Yours faithfully,

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(Dina Nath Kumar) Asst. General Manager & Company Secretary

(2)