Indian Overseas Bank

Indian Overseas Bank Annual Report

Indian Overseas Bank filed its Integrated Annual Report for FY 2025-26. The report details record net profit of ₹5,208 Crore and improved asset quality.

Indian Overseas Bank Regulatory Approval

Indian Overseas Bank received a perpetual license from IFSCA to establish an IFSC Banking Unit at GIFT City, Gujarat. This regulatory approval enables the bank to expand operations.

Execution

Perpetual

Indian Overseas Bank Other Announcement

Indian Overseas Bank submitted its Annual Secretarial Compliance Report for the year ended March 31, 2026. The report outlines regulatory observations regarding board and committee compositions.

Indian Overseas Bank Board Meeting Outcome

Indian Overseas Bank approved a ₹6,000 Crore capital plan for FY 2026-27. The plan includes ₹5,000 Crore equity raising and ₹1,000 Crore Tier II bonds.

Value

₹6,000 Cr

Execution

FY 2026-27

Indian Overseas Bank Board Meeting Date

Indian Overseas Bank scheduled a board meeting for May 21, 2026. Directors will consider the FY 2026-27 capital plan and accumulated loss appropriation.

Indian Overseas Bank Earnings Call: Key Takeaways

IOB reported record FY26 net profit of ₹5,208cr (up 56.16% YoY) driven by 24.16% credit growth and improved asset quality with NNPA at 0.21%.

Indian Overseas Bank Business Update

Indian Overseas Bank reduced its Base Rate by 10 bps to 9.70% effective May 15, 2026. The revision follows a periodic review of its rate workings.

Indian Overseas Bank Management Change

Indian Overseas Bank announced the superannuation of General Manager Dillip Kumar Barik on April 30, 2026. Simultaneously, Venkata Dayalprasad Goli has been appointed as General Manager for a 36-month term effective May 1, 2026. Mr. Goli has 18 years of banking experience and joined the bank in 2007.

Execution

36 months

Indian Overseas Bank Management Change

Indian Overseas Bank announced the retirement of General Manager Dillip Kumar Barik and the appointment of Venkata Dayalprasad Goli as General Manager for a 36-month term. Mr. Goli brings 18 years of banking experience to the role, ensuring leadership continuity within the bank's senior management team.

Indian Overseas Bank Management Change

Indian Overseas Bank announced a senior management change. Shri Dillip Kumar Barik superannuated as General Manager on April 30, 2026. Shri Venkata Dayalprasad Goli will take over as General Manager – Human Resources Management Department effective May 1, 2026. These leadership transitions are part of the bank's routine administrative succession.

Indian Overseas Bank Results Update

Indian Overseas Bank (IOB) reported a Net Profit of ₹5,208 Crore for FY 2025-26, representing 56.16% year-on-year growth. Total deposits grew 18.03% to ₹3,68,191 Crore, while Gross NPA improved to 1.42%. The bank maintained a strong CRAR of 19.78%, reflecting significant improvement in profitability and asset quality.

Value

₹5,208 Cr

Indian Overseas Bank Results Update

Indian Overseas Bank reported a 43.20% YoY jump in Q4FY26 net profit to ₹1,505 Crore. Total business reached ₹6.79 lakh Crore, growing 20.76% YoY. Asset quality improved with Gross NPA at 1.42%. The bank expanded its network by adding 159 branches during the year, reaching a total of 3,494 branches.

Value

₹1,505 Cr

Indian Overseas Bank Fund Raise of ₹1,000 Cr

Indian Overseas Bank reported 'NIL' deviation in the utilization of proceeds for the quarter ended March 31, 2026. The bank confirmed that ₹1,000 Crore raised through Basel III Compliant Tier II Bonds was fully utilized for the intended purposes as of January 23, 2026.

Value

₹1,000 Cr

Indian Overseas Bank Debt & Borrowing

Indian Overseas Bank submitted its Security Cover Certificate as of March 31, 2026, as per SEBI regulations. The bank confirmed that all outstanding listed non-convertible debt securities issued are unsecured in nature. The certificate was verified by statutory auditors R. Devendra Kumar & Associates.

Indian Overseas Bank Q4 FY26 Results: Net Profit ₹1,556 Cr, Up 42.5% YoY

Indian Overseas Bank reported revenue from operations of ₹8,489 Cr (+11.2% YoY) and net profit of ₹1,556 Cr (+42.5% YoY) for Q4 FY26.

Key figure

Net profit ₹1,556 Cr · +42.5% YoY

Indian Overseas Bank Financial Results

Indian Overseas Bank reported audited standalone total income of ₹37,532.15 Crore for the financial year ended March 31, 2026. The bank's net profit reached ₹5,208.03 Crore, marking a significant year-on-year growth. The results reflect strong operational performance and stable asset quality for the fiscal year.

Value

₹37,532 Cr

Indian Overseas Bank Other Announcement

Indian Overseas Bank has postponed its Earnings Call/Analyst Meet originally scheduled for April 29, 2026. The meeting, which was previously intended to be virtual, will now be held in person in Mumbai. Revised details regarding the date, time, and venue will be announced later.

Indian Overseas Bank Business Update

Indian Overseas Bank has announced a 5 bps reduction in its Overnight, 1-Year, and 2-Year MCLR, effective from April 15, 2026. The 1-Year MCLR now stands at 8.75%. Other tenors remain unchanged. This adjustment reflects the bank's periodic review of its lending rate structure based on current market conditions.

Indian Overseas Bank Management Change

Indian Overseas Bank announced the cessation of office for three Non-Executive Independent Directors—B. Chandra Reddy, Deepak Sharma, and Suresh Kumar Rungta—effective April 10, 2026. Their departures follow the successful completion of their respective tenures at the bank.

Indian Overseas Bank Management Change

Indian Overseas Bank announced the cessation of tenure for three Part-time Non-official Directors, Shri B. Chandra Reddy, Shri Deepak Sharma, and Shri Suresh Kumar Rungta. Their terms concluded on April 10, 2026, and they ceased to be directors effective April 11, 2026. This is a routine regulatory disclosure regarding board composition.

Indian Overseas Bank Debt & Borrowing: ₹3,165 Cr

Indian Overseas Bank reported a total of ₹3,165 Crore in outstanding debt securities as of March 31, 2026. These include various Basel III Tier-II bonds with coupon rates ranging from 7.80% to 9.0802% and maturities extending up to 2036. This disclosure complies with SEBI's half-yearly reporting requirements for debt-issuing entities.

Value

₹3,165 Cr

Indian Overseas Bank Debt & Borrowing: ₹2,230 Cr

Indian Overseas Bank submitted its annual disclosure for non-convertible securities for FY 2025-26, covering Tier 2 bonds with a total issue size of ₹2,230 Crore. The filing confirms timely interest payments across three ISINs and reaffirms 'AA' credit ratings from CRISIL, CARE, and ICRA.

Value

₹2,230 Cr

Indian Overseas Bank Other Announcement

Indian Overseas Bank submitted a compliance declaration stating its promoter, the President of India, held a 92.44% stake as of March 31, 2026. The promoter declared no direct or indirect encumbrances were made on the Bank's shares during the 2025-26 financial year.

Indian Overseas Bank Other Announcement

Indian Overseas Bank submitted its quarterly compliance certificate for the period ended March 31, 2026, under SEBI (DP) Regulations. The Registrar and Transfer Agent, Cameo Corporate Services, confirmed that securities received for dematerialisation were processed and listed on the relevant stock exchanges.

Execution

quarter ended 31.03.2026