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CRISIL · 2026-06-25
Indian Overseas Bank upgraded to AAA by CRISIL — 25 Jun 2026
Indian Overseas Bank was upgraded by CRISIL on 2026-06-25, rating AAA with a Stable outlook. 5 bonds on file are tied to this entity, 1 other rating action on record between 2026-10-05 and 2026-10-05.
CRISIL's published heading: “Ratings upgraded to 'Crisil AAA/Crisil AA+/Stable'; FD rating continues on 'Notice of Withdrawal'”
| Entity (per CRISIL heading) | Indian Overseas Bank · issuer page |
| Action | Upgrade |
| Rating | AAA |
| Outlook | Stable |
| Action date | 2026-06-25 |
| Agency | CRISIL |
| Source | CRISIL rating rationale ↗ |
| Bond | Coupon | Maturity |
|---|---|---|
| Indian Overseas Bank 11.70% Dec 2028 NCD | 11.70% | 2028-12-08 |
| Indian Overseas Bank 9.08% Sep 2029 NCD | 9.08% | 2029-09-24 |
| Indian Overseas Bank 8.60% Mar 2032 NCD | 8.60% | 2032-03-31 |
| Indian Overseas Bank 9.00% Mar 2033 NCD | 9.00% | 2033-03-24 |
| Indian Overseas Bank 7.80% Jan 2036 NCD | 7.80% | 2036-01-23 |
| Date | Agency | Action | Rating |
|---|---|---|---|
| 2026-10-05 | India Ratings | Upgrade | AA → AA+ |
About this page: This page restates a rating action as published by CRISIL, a SEBI-registered credit rating agency. The rating and any outlook are the agency's opinion, not RetailBonds.in's, and nothing here is investment advice or a view on what the action means for any investor. Refer to the agency's own rationale document for the full reasoning. See our methodology and full disclaimer.