Indian Overseas Bank has issued its Security Cover Certificate as per SEBI (LODR) Regulations for the quarter ended December 31, 2025. The certificate confirms the security cover for outstanding listed non-convertible debt securities, which are of unsecured nature. All details are available for dissemination.
Security Cover Certificate
Indian Overseas Bank (IOB) has announced the issuance of its Security Cover Certificate in compliance with Regulation 54(2)/(3) of the SEBI (LODR) Regulations, 2015, for the quarter ending December 31, 2025. The announcement was made on January 14, 2026.
Debt Securities
As of December 31, 2025, all outstanding listed non-convertible debt securities issued by IOB are of an unsecured nature.
Auditor’s Report Highlights
According to the auditor’s report by R. Devendra Kumar & Associates, the data related to Security Cover as of December 31, 2025, has been accurately extracted from the books of accounts.
Outstanding Debt Securities
As of December 31, 2025, the total amount outstanding for listed debt securities is ₹2165.00, broken down as follows:
- INE565A08035: Private Placement – ₹500.00
- INE565A08043: Private Placement – ₹665.00
- INE565A08050: Private Placement – ₹1,000.00
All listed debt securities are unsecured.
Compliance with Covenants
The bank has complied with the covenants of the Information Memorandum regarding unsecured Bonds issued on a Private Placement basis, outstanding during the period from April 1, 2025, to December 31, 2025.
Credit Ratings
The credit ratings for Indian Overseas Bank are as follows:
- CRISIL: CRISIL AA/Stable (June 27, 2025)
- India Ratings: AA/Stable (January 17, 2025)
- CARE: CARE AA/Stable (September 29, 2025)
- ICRA: ICRA AA/Stable (November 12, 2025)
Source: BSE
