Indian Overseas Bank

Indian Overseas Bank has come out with issue of Basel III Compliant Tier II Bonds amounting to Rs. 1,000 crore (including Base issue of Rs. 500 crore and Green Shoe option of Rs. 500 crore). Bank has received a total bid of Rs. 3,264 crore in overwhelming response from the Investors and the issue was oversubscribed by 6.52 times against the base issue size. Further, Bank has accepted bids of Rs. 1,000 crore at coupon rate of 7.80%. Powered by Capital Market - Live

Total income rallied 15.01% year on year (YoY) to Rs 9,671.58 crore in Q3 FY26. Operating profit stood at Rs 2,603.1 crore in Q3 FY26, marking a 14.87% increase over Rs 2,266.01 crore recorded in the corresponding quarter of the previous year. Profit before tax surged 10.51% year-on-year to Rs 1,367.45 crore in Q3 FY26, compared to Rs 1,237.37 crore in Q3 FY25. Net Interest Income (NII) jumped 18.29% to Rs 3,299 crore in Q3 FY26 as against Rs 2,789 crore reported in Q3 FY25. Net interest margin (NIM) stood to 3.32% in Q3 FY26, compared to 3.33% registered in the same period a year ago. IOB's total business increased 18.71% to Rs 6,44,276 crore in Q3 FY26 as against Rs 5,42,753 crore in Q3 FY25. Total Deposits increased 14.48% to Rs 3,49,302 crore in Q3 FY26 as against Rs 3,05,121 crore in Q3 FY25. Current Account and Savings Account (CASA) deposits grew 7.81% to Rs 1,42,676 crore in Q3 FY26 as against Rs 1,32,338 crore in Q3 FY25. The CASA ratio declined to 40.85% in Q3 FY26 from 43.37% a year ago. Gross advances during the quarter stood at Rs 2,94,974 crore, showing a strong growth of 24.13% from Rs 2,37,632 crore reported in the corresponding quarter last year. During the quarter, gross non-performing assets (NPAs) stood at Rs 4,530 crore, down 25.38% year-on-year from Rs 6,071 crore in the corresponding quarter last year. Net NPAs declined 27.46% YoY to Rs 708 crore, compared with Rs 976 crore a year earlier. Gross NPA ratio stood at 1.54% as on 31 December 2025 as against 2.55% as on 31 December 2024. Net NPA ratio stood at 0.24% as on 31 December 2025, compared with 0.42% as on 31 December 2024. The Provision Coverage Ratio (PCR) stood at 97.49% as of 31 December 2025, compared to 97.07% in the year-ago quarter. On a year-on-year basis, the bank's performance remained strong in Q3 FY26 compared with Q3 FY25. The Provision Coverage Ratio (PCR) increased by 42 basis points to 97.49%, highlighting improved credit protection. The bank's profitability strengthened, with Return on Assets (ROA) rising 35 basis points to 1.28% and Return on Equity (ROE) climbing sharply by 312 basis points to 20.98%, reflecting higher earnings efficiency. However, the Capital to Risk-weighted Assets Ratio (CRAR) moderated slightly, declining 67 basis points to 16.30%, indicating slightly higher capital deployment over the year. Indian Overseas Bank is engaged in the business of banking & financial services. Powered by Capital Market - Live

Net profit of Indian Overseas Bank rose 63.05% to Rs 1427.16 crore in the quarter ended December 2025 as against Rs 875.27 crore during the previous quarter ended December 2024. Total Operating Income rose 14.85% to Rs 8172.39 crore in the quarter ended December 2025 as against Rs 7115.88 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Total Operating Income8172.397115.88 15 OPM %58.0359.91 - PBDT1367.451237.60 10 PBT1367.451237.60 10 NP1427.16875.27 63 Powered by Capital Market - Live

Indian Overseas Bank is up for a third straight session today. The stock is quoting at Rs 36.18, up 2.29% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 25754.85. The Sensex is at 83636.15, up 0.01%. Indian Overseas Bank has slipped around 2.14% in last one month. Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has slipped around 5.85% in last one month and is currently quoting at 8725, up 0.52% on the day. The volume in the stock stood at 141.36 lakh shares today, compared to the daily average of 93.47 lakh shares in last one month.The PE of the stock is 16.04 based on TTM earnings ending September 25.Powered by Capital Market - Live

Indian Overseas Bank is down for a fifth straight session today. The stock is quoting at Rs 35.28, down 0.76% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.67% on the day, quoting at 25702.5. The Sensex is at 83622.68, down 0.66%.Indian Overseas Bank has lost around 3.71% in last one month.Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has increased around 5.48% in last one month and is currently quoting at 8585.35, up 0.66% on the day. The volume in the stock stood at 34.27 lakh shares today, compared to the daily average of 90.86 lakh shares in last one month.The PE of the stock is 16.09 based on TTM earnings ending September 25.Powered by Capital Market - Live

Indian Overseas Bank will hold a meeting of the Board of Directors of the Company on 14 January 2026.Powered by Capital Market - Live

Indian Overseas Bank dropped for a fifth straight session today. The stock is quoting at Rs 34.01, down 0.21% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.54% on the day, quoting at 25954.65. The Sensex is at 84895.45, up 0.49%.Indian Overseas Bank has eased around 13.77% in last one month.Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has eased around 2.1% in last one month and is currently quoting at 8325.45, down 0.04% on the day. The volume in the stock stood at 46.7 lakh shares today, compared to the daily average of 74.76 lakh shares in last one month.The PE of the stock is 15.42 based on TTM earnings ending September 25.Powered by Capital Market - Live

Through OFS, Government of India had proposed to sell up to 38,51,31,796 equity shares, representing a 2% stake, with an option to sell additional 1% stake or 19,25,65,898 equity shares in case of over subscription. With the promoter exercising the oversubscription option to the extent of up to 7,60,94,197 equity shares (representing 0.395% stake), the total OFS size (base size + green shoe) aggregated to 46,12,25,993 shares, representing 2.395% of outstanding equity shares of the bank, the value of which (at floor price) aggregates to Rs 1,568.16 crore. The floor price of the offer had been set at Rs 34 apiece, a 7.03% discount to the stock's closing price of Rs 36.57 recorded on Tuesday, 16 December 2025. The Government of India held 94.61% stake in Indian Overseas Bank as of 30 September 2025. A minimum of 25% of the offer has been reserved for mutual funds and insurance companies, while 10% has been reserved for retail investors. The OFS opened on 17 December 2025, which is the T-day where only non-retail investors can bid for the shares. On 18 December 2025, which is T+1 day, the OFS will be accessible for retail investors, employees, and for non-retail investors those who choose to carry forward their un-allotted bids from T-day. On Day 1 (T-day), as of 15:30 IST, the OFS received subscription for 39,95,07,082 shares. It was subscribed 115.25% on the base of non-retail offer size of 34,66,18,616 shares. On Day 2 (T+1 day), as of 15:30 IST, the OFS received subscription for 26,05,753 shares. It was subscribed 5.65% on the total retail offer size of 4,61,22,600 shares. Indian Overseas Bank is engaged in the business of banking & financial services. The bank had reported 57.80% rise in net profit to Rs 1,226.42 crore on 8.60% increase in total income to Rs 9,214.24 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

Through OFS, Government of India proposes to sell up to 38,51,31,796 equity shares, representing a 2% stake, with an option to sell additional 1% stake or 19,25,65,898 equity shares in case of over subscription. The floor price of the offer has been set at Rs 34 apiece, a 7.03% discount to the stock's closing price of Rs 36.57 recorded on Wednesday, 16 December 2025. The Government of India held 94.61% stake in Indian Overseas Bank as of 30 September 2025. A minimum of 25% of the offer has been reserved for mutual funds and insurance companies, while 10% has been reserved for retail investors. The OFS opened on 17 December 2025, which is the T-day where only non-retail investors can bid for the shares. On 18 December 2025, which is T+1 day, the OFS will be accessible for retail investors, employees, and for non-retail investors those who choose to carry forward their un-allotted bids from T-day. On Day 1 (T-day), as of 15:30 IST, the OFS received subscription for 39,95,07,082 shares. It was subscribed 115.25% on the base of non-retail offer size of 34,66,18,616 shares. Indian Overseas Bank is engaged in the business of banking & financial services. The bank had reported 57.80% rise in net profit to Rs 1,226.42 crore on 8.60% increase in total income to Rs 9,214.24 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

Indian Overseas Bank dropped for a fifth straight session today. The stock is quoting at Rs 36.95, down 2.2% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.7% on the day, quoting at 26004.2. The Sensex is at 85175.61, down 0.63%.Indian Overseas Bank has lost around 7.23% in last one month.Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has eased around 2.19% in last one month and is currently quoting at 8381.75, down 2.67% on the day. The volume in the stock stood at 34.03 lakh shares today, compared to the daily average of 67.91 lakh shares in last one month.The PE of the stock is 17.08 based on TTM earnings ending September 25.Powered by Capital Market - Live