IOB
532388Announcement under Regulation 30 (LODR)-Interest Rates Updates
Change in MCLR w.e.f. 15.08.2026
Indian Overseas Bank (IOB) is a prominent public sector bank in India, established in 1937 and headquartered in Chennai, Tamil Nadu. With a widespread domestic network spanning over 3,200 branches, IOB offers a comprehensive suite of financial products and services, including retail banking, corporate banking, agricultural lending, digital banking, and forex operations. The bank holds a strong presence in southern India, while also maintaining an international footprint with branches and representative offices in key global financial centers.
Announcement under Regulation 30 (LODR)-Interest Rates Updates
Change in MCLR w.e.f. 15.08.2026
Indian Overseas Bank
About
Indian Overseas Bank (IOB) is a prominent public sector bank in India, established in 1937 and headquartered in Chennai, Tamil Nadu. With a widespread domestic network spanning over 3,200 branches, IOB offers a comprehensive suite of financial products and services, including retail banking, corporate banking, agricultural lending, digital banking, and forex operations. The bank holds a strong presence in southern India, while also maintaining an international footprint with branches and representative offices in key global financial centers.
IOB is recognized for its proactive adoption of technology and customer-centric service delivery. Through ongoing digital transformation initiatives, the bank continues to expand its product offerings—including digital payments, MSME loans, and specialized retail products—to meet evolving customer needs, ensuring accessibility, efficiency, and regulatory compliance.
Business Model & Strategy
Indian Overseas Bank earns revenue primarily through interest income on loans and advances to retail, corporate, and agricultural customers, supplemented by non-interest income from services such as remittances, treasury operations, and transaction banking. The bank's strategy focuses on diversifying its loan portfolio, increasing low-cost CASA (Current Account, Savings Account) deposits, and enhancing digital banking channels to reduce operating costs.
Growth vectors for IOB include the expansion of digital products, cross-selling to its extensive client base, and targeted lending to priority sectors like MSMEs, agriculture, and affordable housing. The bank’s ongoing investments in technology infrastructure, cyber-security, and process automation underpin its mission to improve asset quality, operational efficiency, and customer engagement.
Management Overview
14 MembersMr.SRINIVASAN SRIDHAR
Non-Executive - Independent Director-ChairpersonMr.Shiv Kumar Gupta
Chief Risk OfficerMr.AJAY KUMAR SRIVASTAVA
Executive Director-CEO-MDMr.JOYDEEP DUTTA ROY
Executive DirectorMr.Suresh R
Chief Risk OfficerMr.DHANARAJ T
Executive DirectorMs.NEELAM AGRAWAL
Non-Executive - Nominee DirectorMs.SONALI SEN GUPTA
Non-Executive - Nominee DirectorMr.SANJAYA RASTOGI
Non-Executive - Independent DirectorMr.SURESH KUMAR RUNGTA
Non-Executive - Independent DirectorMr.B CHANDRA REDDY
Non-Executive - Independent DirectorMr.DEEPAK SHARMA
Non-Executive - Independent Director-Shareholder DirectorMr.Madhaw Chandra Jha
Chief Financial OfficerMr.Ram Mohon. K
Compliance OfficerAwards & Recognition
4 Awards- Ranked among India's top public sector banks by Business Today in 2024
- Awarded 'Best Technology Bank (Large)' at IBA Banking Technology Awards 2024
- Recognized for excellent implementation of digital payment initiatives by the Ministry of Electronics & IT (MeitY), Government of India, in 2023
- Maintains a high ESG compliance record as per annual disclosures (2024)
Market Information
Company Timeline
87+ Years of Excellence | 7 Major Milestones
Indian Overseas Bank founded in Chennai by M. Ct. M. Chidambaram Chettyar
Nationalized along with 13 other major Indian banks
Launch of Core Banking Solutions (CBS) across the network
Listed on NSE and BSE through IPO
Became the first public sector bank to roll out a full-fledged digital branch (IOB DigiBank)
Announced strategic partnership with fintech firms for digital lending platforms
Received 'Best Technology Bank (Large)' award and reported significant advances in digital transaction volumes
The Next Evolution
Contact Information
Registered Office
763, Anna Salai
Tel: 044-28519491,28415702,
Fax: 044-28585675,
Email: investor@iobnet.co.in; investorcomp@iobnet.co.in
Website: iob.in
Corporate Actions
0No Data Found
₹61,621 Cr.
₹32
₹42 / 31
10.41
₹245.52
0.13
₹3.12
₹1430019.00
N/A
Manage Ratio
FINANCIALS
| Annual Results | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | - | - | - | - | - | - | 21,641 | 23,523 | 29,731 | 33,750 | 37,532 | 39,606 |
| Expenses | - | - | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| Profit | - | - | - | - | - | - | 1,709 | 2,104 | 2,666 | 3,396 | 5,208 | 5,758 |
| Tax | - | - | - | - | - | - | 70 | 249 | 757 | 1,177 | 1,060 | 857 |
| EPS | - | - | - | - | - | - | 0.92 | 0.00 | 1 | 0.58 | 17 | 0 |
| NPA | - | |||||||||||
| Ratios | - |
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | - | - | - | 2,99,656 | 3,13,450 | 3,51,869 | 3,94,708 | 4,72,795 | - |
| Capital And Liabilities | - | - | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 Mar '17 | Mar 2018 31 Mar '18 | Mar 2019 11 Apr '19 | Mar 2020 24 Apr '20 | Mar 2021 20 Apr '21 | Mar 2022 13 Apr '22 | Mar 2023 11 Apr '23 | Mar 2024 20 Apr '24 | Mar 2025 15 Apr '25 | Mar 2026 07 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | - | - | - | - | - | - | - | - | - | - |
| Promoter And Promoter Group | - | - | - | 92.52% | 95.84% | 95.84% | 96.38% | 96.38% | 96.38% | 94.61% | 92.44% | - |
| Non Institutions | - | - | - | 4.04% | 2.32% | 2.50% | 2.23% | 2.12% | 2.28% | 2.59% | 2.85% | - |
| FII | - | - | - | - | - | - | - | 0.14% | 0.05% | 0.22% | 0.43% | - |
| DII | - | - | - | - | - | - | - | 1.36% | 1.29% | 2.59% | 4.28% | - |
| Total | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
Indian Overseas Bank
Indian Overseas Bank
Indian Overseas Bank (IOB) is a prominent public sector bank in India, established in 1937 and headquartered in Chennai, Tamil Nadu. With a widespread domestic network spanning over 3,200 branches, IOB offers a comprehensive suite of financial products and services, including retail banking, corporate banking, agricultural lending, digital banking, and forex operations. The bank holds a strong presence in southern India, while also maintaining an international footprint with branches and representative offices in key global financial centers.
IOB is recognized for its proactive adoption of technology and customer-centric service delivery. Through ongoing digital transformation initiatives, the bank continues to expand its product offerings—including digital payments, MSME loans, and specialized retail products—to meet evolving customer needs, ensuring accessibility, efficiency, and regulatory compliance.
Indian Overseas Bank earns revenue primarily through interest income on loans and advances to retail, corporate, and agricultural customers, supplemented by non-interest income from services such as remittances, treasury operations, and transaction banking. The bank's strategy focuses on diversifying its loan portfolio, increasing low-cost CASA (Current Account, Savings Account) deposits, and enhancing digital banking channels to reduce operating costs.
Growth vectors for IOB include the expansion of digital products, cross-selling to its extensive client base, and targeted lending to priority sectors like MSMEs, agriculture, and affordable housing. The bank’s ongoing investments in technology infrastructure, cyber-security, and process automation underpin its mission to improve asset quality, operational efficiency, and customer engagement.
Ranked among India's top public sector banks by Business Today in 2024
Awarded 'Best Technology Bank (Large)' at IBA Banking Technology Awards 2024
Recognized for excellent implementation of digital payment initiatives by the Ministry of Electronics & IT (MeitY), Government of India, in 2023
Maintains a high ESG compliance record as per annual disclosures (2024)
Indian Overseas Bank founded in Chennai by M. Ct. M. Chidambaram Chettyar
Nationalized along with 13 other major Indian banks
Launch of Core Banking Solutions (CBS) across the network
Listed on NSE and BSE through IPO
Became the first public sector bank to roll out a full-fledged digital branch (IOB DigiBank)
Announced strategic partnership with fintech firms for digital lending platforms
Received 'Best Technology Bank (Large)' award and reported significant advances in digital transaction volumes
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon
Heatmap View
Premium Feature| Company | CMP (₹) | MCap (₹ Cr) | EPS TTM (₹) | ||||||||||
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Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
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Coming Soon