Indian Bank — Credit Ratings, 14-08-2025: Credit Rating

S&P Global Ratings has upgraded Indian Bank's issuer credit rating. The long-term rating is now 'BBB' from 'BBB-', and the short-term rating is 'A-2' from 'A-3'. Concurrently, the outlook has been revised to Stable from Positive. This upgrade typically signifies a stronger credit profile, which can lead to reduced borrowing costs for the bank and enhance overall investor confidence. The Stable outlook suggests the agency expects the bank's credit quality to remain consistent.