Indian Overseas Bank has received reaffirmation in credit ratings as follows - Tier II Bonds (under Basel III) (Rs 1900 crore) - CRISIL A+/Stable (reaffirmed) Lower Tier II Bonds (under Basel II) (Rs 1000 crore) - CRISIL A+/Stable (reaffirmed) Upper Tier II Bonds (under Basel II) (Rs 967 crore) - CRISIL A-/Stable (reaffirmed) Certificate of Deposits Programme - CRISIL A1+ (reaffirmed) Fixed Deposit Programme (Rs 200000 crore) - FAA/Stable (reaffirmed) CRISILhas withdrawn its rating on Lower Tier II Bonds (Rs.290 crore), Upper Tier II Bonds (Rs.510 crore) and Perpetual Bonds (Rs.300 crore) as the outstanding against these is Nil. Powered by Capital Market - Live News