Indian Overseas Bank's board appointed Mr. Akshit Choudhary as Chief Financial Officer effective 1 November 2026, replacing Mr. Madhaw Chandra Jha. The filing includes his brief profile and the required LODR disclosures.
IOB's net profit jumped 55.95% YoY to ₹1,912 Crore in Q2 FY27, with operating profit rising 25.67% to ₹3,016 Crore. NII grew 26.41% and NPA ratios continued to improve.
Indian Overseas Bank disclosed RBI findings on understated risk weights for some exposures. It states no net profit impact, with CRAR remaining well above minimums.
Indian Overseas Bank will hold a board meeting on October 26, 2026, to consider and approve its unaudited financial results for the quarter and half-year.
Indian Overseas Bank has filed its statement of outstanding debt securities for the half-year ended September 30, 2026, as required by SEBI circular regulations.
Indian Overseas Bank notified a proposed nationwide strike by UFBU from September 28-30, 2026. While the bank has planned for normal operations, services may be affected.
Indian Overseas Bank has paid annual interest of ₹45.40 Crore on its Basel III Tier II Bonds, Series III. The payment was completed on the due date of September 24, 2026.
CARE Ratings upgraded Indian Overseas Bank's Tier-II Bonds from 'AA' to 'AA+', maintaining a stable outlook. Ratings for Certificates of Deposit were reaffirmed at 'A1+'.
Indian Overseas Bank (IOB) reported record Q1 FY27 net profit of INR 1,659 crores (+49.32% YoY) driven by strong Net Interest Income (NII) and credit growth.
Indian Overseas Bank reports strong Q1FY27 performance with Net Profit surging 49% YoY to ₹1,659 Cr. Focus remains on digital initiatives and improving asset quality via aggressive NPA management.
Indian Overseas Bank submitted a NIL Security Cover Certificate as of June 30, 2026. All outstanding listed non-convertible debt securities are unsecured.
Indian Overseas Bank held its AGM on 7 July 2026, passing four resolutions. Resolution 2 authorizes up to Rs.5,000 Crore equity raising via various modes in FY 2026‑27.
Indian Overseas Bank's 26th AGM concluded on July 7, 2026. All four agenda items, including financials and capital raise, were approved by shareholders.
Indian Overseas Bank revised its MCLR for select tenors effective 15 June 2026. The change is a routine operational update with no material financial impact.
Indian Overseas Bank convened its 26th AGM for July 7, 2026. Key resolutions include a ₹5,000 Crore capital raise and tenure extension for the MD & CEO.
Indian Overseas Bank has issued the notice for its 26th AGM on July 7, 2026. Shareholders will vote on key items including a ₹5,000 Crore equity raise and director tenure extension.