Indian Overseas Bank — Credit Ratings, 27-02-2026: Credit Rating- New

S&P Global Ratings assigned Indian Overseas Bank a new 'BBB' long-term and 'A-2' short-term Issuer Credit Rating with a 'Stable' outlook. The standalone credit profile is 'bbb-'. This reflects robust capitalization, solid funding, healthy liquidity, and a very high likelihood of government support. The bank plans to raise ₹4,000 Cr through QIP to meet public float requirements.