Indian Overseas Bank Rating Affirmed at IND AA; Outlook Upgraded to Positive
Chennai, February 18, 2026: Indian Overseas Bank (IOB) has announced that India Ratings & Research Limited has affirmed its IND AA credit rating and revised the outlook from Stable to Positive for its Basel III Tier II Bonds as well as its long-term issuer rating.
The disclosure was made under Regulation 30 and 55 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and submitted to both BSE Limited and National Stock Exchange of India Limited.
Rating Details
India Ratings reviewed the following instruments:
🔹 Basel III Tier II Bonds
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ISIN: INE565A08035
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ISIN: INE565A08043
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Rating: IND AA (Affirmed)
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Outlook: Revised from Stable to Positive
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Review Date: February 17, 2026
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Verification Status: Verified
🔹 Long-Term Issuer Rating
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Rating: IND AA (Affirmed)
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Outlook: Revised from Stable to Positive
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Review Date: February 17, 2026
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Verification Status: Verified
What the Outlook Revision Means
An outlook revision from Stable to Positive indicates improved credit fundamentals and the potential for an upward rating action in the future, subject to sustained performance and financial stability.
The affirmation of the IND AA rating reflects a high degree of safety regarding timely servicing of financial obligations.
The communication was signed by Ram Mohan K, Compliance Officer of Indian Overseas Bank.