Indian Overseas Bank

Indian Overseas Bank is down for a fifth straight session today. The stock is quoting at Rs 32.02, down 0.77% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.77% on the day, quoting at 23871.2. The Sensex is at 76440.78, down 0.65%.Indian Overseas Bank has lost around 6.1% in last one month.Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has eased around 0.01% in last one month and is currently quoting at 8505.75, down 0.24% on the day. The volume in the stock stood at 21.89 lakh shares today, compared to the daily average of 21.41 lakh shares in last one month.The PE of the stock is 10.8 based on TTM earnings ending June 26.

Indian Overseas Bank announced a revision to its Marginal Cost of Funds based Lending Rate (MCLR) effective August 15, 2026, with changes of 5 basis points for three-month, six-month, one-year, two-year, and three-year tenors, as disclosed to the Bombay Stock Exchange and National Stock Exchange.

Indian Overseas Bank announced several rating actions and financial updates, revealing a strong performance profile. CARE Ratings upgraded the bank's Non-Convertible Securities and Basel III Tier II Bonds to AA+ and AA respectively, with a stable outlook, while reaffirming the A1+ rating for Certificates of Deposit. CARE Ratings also reaffirmed the rating of Rs 20,000.00 of Certificates of Deposit and upgraded Tier-II Bonds from CARE AA; Stable to CARE AA+; Stable, with a PONV trigger applying. Additionally, CareEdge Ratings upgraded the bank’s outlook to stable, reflecting expectations of above-industry growth in advances, and highlighted improvements in asset quality, with Gross Non-Performing Assets decreasing from 2.14% to 1.42% as of March 31, 2026, and Net Non-Performing Assets falling to 0.21% by the same date, alongside a Capital Adequacy Ratio of 19.78% as of March 31, 2026.

Indian Overseas Bank is up for a fifth straight session today. The stock is quoting at Rs 35.85, up 2.43% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.27% on the day, quoting at 24172.8. The Sensex is at 77442.96, down 0.34%. Indian Overseas Bank has gained around 1.33% in last one month. Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has gained around 2.34% in last one month and is currently quoting at 8615.1, down 0.65% on the day. The volume in the stock stood at 142.29 lakh shares today, compared to the daily average of 40.79 lakh shares in last one month.The PE of the stock is 12.96 based on TTM earnings ending March 26.Powered by Capital Market - Live

Net interest income (NII) grew by 34.3% on YoY basis to Rs 2,693 crore in Q1 FY27 as against Rs 2,358 crore in Q1 FY26. Domestic net interest margin (NIM) stood at 3.48% as on 30 June 2026, up 31 basis points YoY. Operating profit for Q1 FY27 rose 14.21% to Rs 2,693 crore from Rs 2,358 crore in Q1 FY26. Provisions declined by 1.19% YoY to Rs 834 crore in the June 2026 quarter. Provision Coverage Ratio stood at 97.67% as on 30 June 2026. Profit before tax in Q1 FY27 stood at Rs 1,859 crore, up by 22.80% from Rs 1,514 in Q1 FY26. Gross NPA as on 30 June 2026 was 1.33% as against 1.97% as on 30 June 2025. Net NPA was at 0.18% as on 30 June 2026 as compared with 0.32% as on 30 June 2025 Total business of the bank grew by 17.72% to Rs 698,325 crore in Q1 FY27 from Rs 593,213 crore in Q1 FY26. Total deposits increased by 13.72% YoY to Rs 376,193 crore in June 2026 quarter. Advances jumped by 22.75% to Rs 322,132 crore in Q1 FY27 from Rs 262,421 crore in Q1 FY26. CRAR increased by 108 basis points YoY to 19.36%, of which Tier I was 16.88% as on 30 June 2026. Indian Overseas Bank is a public sector bank, with 3,522 domestic branches as on 31 June 2026. The Government of India held 92.44% stake in the bank as on 30 June 2026. Powered by Capital Market - Live

Net profit of Indian Overseas Bank rose 45.64% to Rs 1716.29 crore in the quarter ended June 2026 as against Rs 1178.45 crore during the previous quarter ended June 2025. Total Operating Income rose 18.82% to Rs 8777.57 crore in the quarter ended June 2026 as against Rs 7387.49 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Total Operating Income8777.577387.49 19 OPM %54.5663.26 - PBDT1859.071514.55 23 PBT1859.071514.55 23 NP1716.291178.45 46 Powered by Capital Market - Live

Indian Overseas Bank will hold a meeting of the Board of Directors of the Company on 20 July 2026.

Indian Overseas Bank announced that the 26th Annual General Meeting(AGM) of the bank will be held on 7 July 2026.

Indian Overseas Bank will hold a meeting of the Board of Directors of the Company on 21 May 2026.

Total income increased 6.14% YoY to Rs 9,779.87 crore in Q4 FY26. Operating profit stood at Rs 2,665.05 crore, up 1.80% YoY from Rs 2,617.92 crore in the corresponding quarter last year. Profit before tax (PBT) rose 6.72% YoY to Rs 1,659.09 crore in Q4 FY26, compared with Rs 1,554.46 crore in Q4 FY25. Net Interest Income (NII) jumped 11.11% to Rs 3,470 crore in Q4 FY26 as against Rs 3,123 crore reported in Q4 FY25. Domestic NIM stood at 3.35% while global NIM stood at 3.25% in Q4 FY26. The bank's total business increased 20.76% to Rs 6,78,614 crore in Q4 FY26 as against Rs 5,61,958 crore in Q4 FY25. Total deposits increased 18.03% to Rs 3,68,191 crore in Q4 FY26 as against Rs 3,11,938 crore in Q4 FY25. Current Account and Savings Account (CASA) deposits grew 10.85% to Rs 1.51 lakh crore in Q4 FY26 from Rs 1.36 lakh crore in Q4 FY25. The domestic CASA ratio declined to 41.46% in Q4 FY26 from 44.05% a year ago. During the quarter, the gross NPA ratio stood at 1.42% as of 31 March 2026, compared with 2.14% a year ago, while the net NPA ratio stood at 0.21% versus 0.37%. Retail, agri, and MSME credit rose 45.12%, 39.27%, and 13.08% YoY, respectively, while RAM (Retail, Agri, and MSME) business grew 34.91% YoY. The Provision Coverage Ratio (PCR) stood at 97.50% as of 31 March 2026, compared with 97.30% a year ago. The cost-to-income ratio decreased to 44.02% for Q4 FY26 as against 44.35% for Q4 FY25. Capital Adequacy Ratio (CAR) rose 74 basis points (bps) to 19.78%, with Tier-I at 16.94% and Tier-II at 2.84% as of March 2026. On a full-year basis, the bank's standalone net profit surged 56.18% to Rs 5,208.03 crore, while total income increased 11.44% to Rs 37,532.15 crore in FY26 compared with FY25. Indian Overseas Bank is engaged in the business of banking & financial services. Shares of Indian Overseas Bank shed 0.31% to Rs 35 on the BSE.Powered by Capital Market - Live