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09.11.2015 13:35:00

Indian Overseas Bank -- Moody's affirms Indian Overseas Bank's deposit ratings; downgrades BCA to b3; changes outlook to negative

Singapore, November 09, 2015 -- Moody's Investors Service has affirmed Indian Overseas Bank's (IOB) local and foreign currency bank deposit and senior unsecured MTN program ratings at Ba1/NP and (P)Ba1 respectively. Moody's has also affirmed the Ba1 rating on the bank's senior unsecured debt issued out of its Hong Kong branch.

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