Indian Bank — Capital/Financing Update 2021

May 10, 2021

	crdq1--zi : 254-260, 31-4, ,fl 24 t,tr,-ffra1
*e11514114ALLAHABAD	-q-t -600 014
tgrq	Corporate Office: 254-260, Avvai ShanmugamSalai, Royapettah, Chennai - 600 014v.i-Fr/Phone: 044- 28134076/ 28134698/ 28134484
INVESTOR SERVICES CELL
c,k-i1Wwebsite: www.indianbank.in
t4F/e mail : ibinvestorrelations@indianbank.co.in

Ref. No. : ISC/30/2021-22 Date: 10.05.2021

The Vice President	The Vice President
National Stock Exchange of India Limited	BSE Limited
"Exchange Plaza", Bandra Kuria Complex,	P. J. Towers
Bandra East	Dalai Street
Mumbai - 400 051.	Mumbai - 400 001.
NSE Symbol : INDIANB	BSE Scrip Code: 532814

Dear Sir/Madam,

Subject: Assignment of fresh credit rating for Bank's proposed Basel Ill Additional Tier 1 (API) perpetual Bonds and Basel Ill Tier 2 Bonds

In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we have to inform you that CARE Ratings Ltd. vide their letter dated 10.05.2021 has assigned CARE AAA, Outlook Stable rating to Bank's proposed Basel III Tier 2 Bonds of Rs.1000 crore and CARE AA, Outlook Stable rating to Bank's proposed Basel III Additional Tier 1 (AT1) perpetual Bonds of Rs.500 crore.

This is for your information, records and dissemination please.

Yours faithfully,

1/70611107

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