26.11.2014 10:12:00
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Indian Overseas Bank -- Moody's affirms IOB's senior unsecured rating of Baa3, while lowering BFSR to E+ and revising ratings outlook to stable from negative
Singapore, November 26, 2014 -- Moody's Investors Service has affirmed Indian Overseas Bank's (IOB) senior unsecured and local currency deposit ratings at Baa3, reflecting the high likelihood of support that senior creditors of IOB can expect to receive from the Government of India (Baa3 stable).