Indian Overseas Bank

Indian Overseas Bank said a meeting of its Board of Directors will be held on October 26, 2026, in Chennai to consider and approve the unaudited (reviewed) financial results for the quarter and half year ended September 30, 2026, according to a regulatory filing. The trading window for the bank's securities will remain closed for designated persons, their immediate relatives, and all other insiders from October 1, 2026, to October 28, 2026.

Indian Overseas Bank announced a revision to its External Benchmark Lending Rate (EBLR), also known as Repo Linked Lending Rate (RLLR), which will increase from 8.10% to 8.35% effective October 8, 2026, according to a regulatory filing with the Bombay Stock Exchange and National Stock Exchange of India.

Indian Overseas Bank announced rating actions from India Ratings & Research and India Ratings & Research Limited, with India Ratings & Research upgrading the Long-term Issuer Rating to IND AA+/Stable, pursuant to Regulation 30(6) and Regulation 55, and also upgrading Non-Convertible Debt Securities (Basel III Tier II Bonds) to INDAA+/Stable; India Ratings and Research upgraded Basel III Tier 2 bonds with an amount of 6.65, ISIN INE565A08043, coupon rate of 8.60%, and maturity date of March 31, 2032, and Basel III Tier 2 bonds with an amount of 5, ISIN INE565A08035, coupon rate of 9.08%, and maturity date of September 24, 2029, alongside upgrading the Issuer Rating, while India Ratings upgraded the Long-Term Issuer Rating to IND AA+/Stable and also upgraded the instrument INE565A08043 (Basel III Tier II Bonds) to AA+ with a Stable outlook.

Indian Overseas Bank informed the Bombay Stock Exchange and National Stock Exchange of India that the trading window for dealing in securities of the bank will be closed from October 1, 2026, until 48 hours after the disclosure of the unaudited financial results for the quarter and half-year ended September 30, 2026.

Indian Overseas Bank informed the Bombay Stock Exchange and National Stock Exchange that the United Forum of Bank Unions has proposed a strike on September 28, 29, and 30, 2026, which may affect the functioning of the bank's branches and offices.

Indian Overseas Bank announced that it has paid Rs 45,40,10,000 in annual interest on its BASEL III Tier - II Bonds Series III (INE565A08035), with an issue size of Rs 500 crore, according to a regulatory filing with the BSE Limited and National Stock Exchange Ltd. on September 24, 2026.

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