# Indian Overseas Bank (IOB) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/iob

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹30.54
- Change: -0.72%
- As of: 2026-11-06
- 1D return: -0.72%
- 5D return: +6.26%
- 1M return: +0.20%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

As of 2026-11-06, IOB trades at ₹30.54, reflecting a significant long-term downtrend with a current drawdown of -43.2% from its available high. The monthly trend is strongly bearish (ADX 50.85), while the daily trend shows weak momentum (ADX 19.59) and a Supertrend signal that remains bearish. Price structure is mixed: the stock sits above its 20-period EMA and SMA but below key longer-term averages (50-day EMA/SMA, 200-day SMA) and the weekly/monthly moving averages. A recent downward gap on 2026-11-06 (-0.7%) contrasts with an upward gap on 2026-11-05 (+2.5%), suggesting short-term volatility within a broader declining channel. The stock is positioned near the lower end of its 252-day range (+17.1%) but in the middle of its 20-day range (+54.4%). Immediate resistance lies at ₹30.73 (pivot, +0.63%) and ₹31.10 (high, +1.82%), while support is found at ₹30.40 (low, -0.47%) and ₹30.06 (low, -1.56%). Annualized volatility is elevated at +32.8%. Confirmation of a reversal would require a sustained move above the 20-day EMA and closing above ₹31.10; invalidation of any bounce would be signaled by a break below ₹30.06.

- Trend Divergence: Monthly trend is strongly bearish (ADX 50.85), while daily momentum is weak (ADX 19.59); price is below all weekly and monthly moving averages.
- Price Positioning: Trading at ₹30.54, the stock is near the bottom of its yearly range (+17.1% from low) but mid-range for the last 20 days (+54.4%).
- Key Levels: Immediate resistance at ₹30.73 and ₹31.10; critical support at ₹30.40 and ₹30.06.
- Volatility & Risk: High annualized volatility (+32.8%) and a maximum drawdown of -46.7% indicate significant downside risk and price instability.

- Bullish Engulfing Reversal
- Outside Bar
- Inside Bar
- Doji

### News Context

Indian Overseas Bank (IOB) reported its unaudited financial results for the half-year ended September 30, 2026, on October 26, 2026. The bank fully adjusted accumulated losses of ₹8,73,334.22 Lakhs against the Share Premium Account following Reserve Bank of India approval. Key balance sheet figures include an ECL provision of ₹2,70,000.00 Lakhs and IBC-related provisions of ₹9,57,269.76 Lakhs, with a provision coverage ratio of 97.69%. The bank also recorded a revocation gain of ₹72,399.28 Lakhs from Government Guaranteed Security Receipts and reversed deferred tax assets totaling ₹49,644 Lakhs.

Concurrently, IOB announced the appointment of Mr. Akshit Choudhary as Chief Financial Officer effective November 1, 2026, succeeding Madhaw Chandra Jha. On October 28, the bank submitted its Reconciliation of Share Capital Audit Report for the quarter ended September 30, 2026, confirming no change in share capital during the period.

Market data as of November 6, 2026, shows the stock trading at ₹30.54, with a market capitalization of approximately ₹59,233.27 Crores. Technical indicators across daily, weekly, and monthly timeframes are bearish, with the stock down 15.8% year-to-date and 21.1% over the past year. The stock is currently testing support near ₹30.40, with resistance levels identified at ₹30.73 and ₹31.10.

- Q2 FY27 Financials: Accumulated losses of ₹8,73,334.22 Lakhs fully adjusted against Share Premium; ECL provision stands at ₹2,70,000.00 Lakhs with a 97.69% coverage ratio.
- Management Change: Mr. Akshit Choudhary appointed as CFO effective November 1, 2026, replacing Madhaw Chandra Jha.
- Share Capital: Audit report for Q2 FY27 confirms no change in share capital; filed October 28, 2026.
- Price Action: Stock closed at ₹30.54 on November 6, 2026, with bearish technical trends and YTD returns of -15.8%.

- Indian Overseas Bank has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Indian Overseas Bank has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Indian Overseas Bank has informed the Exchange regarding Appointment of Mr Akshit Choudhary as Chief Financial Officer of the company w.e.f. November 01, 2026. |SUBJECT: Appointment
- Indian Overseas Bank has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Indian Overseas Bank has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting

### Official Filings

Indian Overseas Bank (IOB) reported strong financial performance for the half-year ended September 30, 2026, with net profit rising 52.85% year-over-year to ₹3,572 crore and net interest income increasing 30.15% to ₹7,555 crore. The bank successfully adjusted accumulated losses of ₹8,73,334.22 Lakhs against its Share Premium Account following RBI approval, a structural step that improves balance sheet clarity. Asset quality remains robust, evidenced by a gross NPA ratio of 1.19% and a provision coverage ratio of 97.69%. Concurrently, IOB announced a leadership transition, appointing Mr. Akshit Choudhary as Chief Financial Officer effective November 1, 2026, succeeding Madhaw Chandra Jha. Regulatory filings confirm no deviation in the use of issue proceeds and verify that all outstanding listed non-convertible debt securities remain unsecured.

- H1 FY27 Net Profit: ₹3,572 crore (+52.85% YoY); Q2 FY27 Net Profit: ₹1,912 crore (+55.95% YoY).
- Balance Sheet Adjustment: Accumulated losses of ₹8,73,334.22 Lakhs fully adjusted against Share Premium Account per RBI approval.
- Asset Quality: Gross NPA at 1.19%, Net NPA at 0.16%, with ECL provisions of ₹2,70,000.00 Lakhs and Provision Coverage Ratio of 97.69%.
- Leadership Change: Mr. Akshit Choudhary appointed CFO w.e.f. November 1, 2026; Madhaw Chandra Jha ceased duties on October 31, 2026.

- [Indian Overseas Bank has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/IOB_28102026172125_FINALRECON.pdf)
- [Indian Overseas Bank has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/IOB_28102026190421_FINALNEWSPAPER.pdf)
- [Indian Overseas Bank has informed the Exchange regarding Appointment of Mr Akshit Choudhary as Chief Financial Officer of the company w.e.f. November 01, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/IOB_27102026173827_Changes_in_CFO.pdf)
- [Indian Overseas Bank has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1871_WebXMLFile_20261027_180930750.xml)
- [Indian Overseas Bank has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/IOB_26102026123033_FINAL_SIGNED_RESULTS_30092026.pdf)
- [Indian Overseas Bank has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32 |SUBJECT: Statement of deviation(s) or variation(s) under Reg. 32](https://nsearchives.nseindia.com/corporate/IOB_26102026134750_FINALSDVFORUPLOAD.pdf)
- [Statement of deviation/variation in use of Issue proceeds |SUBJECT: Statement of deviation/variation in use of Issue proceeds](https://nsearchives.nseindia.com/content/debt/WDM/IOB_26102026134931_FINALSDVFORUPLOAD.pdf)
- [Indian Overseas Bank has informed the Exchange regarding 'Security Cover Certificate as on 30.09.2026'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/IOB_26102026135901_FINALSECURITYCOVERFORUPLAD.pdf)
- [Security Cover |SUBJECT: Security Cover](https://nsearchives.nseindia.com/content/debt/WDM/IOB_26102026135652_FINALSECURITYCOVERFORUPLAD.pdf)
- [Indian Overseas Bank has informed the Exchange regarding a press release dated October 26, 2026, titled "Press Release regarding Financial Results of the Bank for the quarter and half year ended 30.09.2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/IOB_26102026140657_iobpressrelease.pdf)

### Fundamentals

Indian Overseas Bank (IOB) demonstrates a robust expansion in lending and profitability during the first half of FY2026-27. Net profit rose sequentially from ₹1,659 crore in Q1 to ₹1,912 crore in Q2, with Basic EPS increasing from ₹0.89 to ₹1.02 per share. This growth is underpinned by a 17% year-on-year revenue increase to ₹9,201 crore in the September quarter, driven by advances growing from ₹2,73,640 crore to ₹3,42,061 crore as of September 2026. The bank’s asset quality remains strong, with Gross Non-Performing Assets (GNPA) declining slightly to ₹4,114 crore in Q2, while the GNPA percentage remained stable at 0.01%. Deposits expanded significantly to ₹4,07,428 crore, supporting the loan book growth. Cash flow generation has improved markedly, with Free Cash Flow reaching ₹4,863 crore for the year ended March 2026, up from ₹2,205 crore previously. Return on Equity (ROE) also strengthened to 15% for the year ended March 2026. However, promoter holding diluted further to 92.44% in September 2026, while institutional stakes increased modestly.

- Q2 FY2026-27 net profit reached ₹1,912 crore (EPS: ₹1.02), up sequentially from Q1's ₹1,659 crore (EPS: ₹0.89).
- Advances grew to ₹3,42,061 crore as of Sep 2026, driving 17% YoY revenue growth to ₹9,201 crore in the Sep quarter.
- Gross NPA declined to ₹4,114 crore in Q2, with GNPA ratio stable at 0.01%; ROE improved to 15% for FY2026.
- Free Cash Flow surged to ₹4,863 crore for FY2026; next checkpoint is Q3 earnings and asset quality trends.

### Bear Case

As of 6 November 2026, Indian Overseas Bank (NSE: IOB) exhibits a pronounced bearish technical setup across daily, weekly, and monthly timeframes. The stock closed at ₹30.54, down from its previous close of ₹30.76, with the Supertrend indicator signaling a bearish direction on all three periodicities. Momentum is weak, evidenced by an Average Directional Index (ADX) of 19.59 on the daily chart, suggesting low trend strength despite the downward bias. Over the past year, the share price has declined by 21.1%, contributing to a year-to-date loss of 15.8% and a significant cumulative drawdown since the start of the tracking period of -41.1%. The current maximum drawdown stands at -46.7%, indicating substantial recent volatility and downside risk. Support levels are closely clustered near the current price, with immediate support at ₹30.40 (0.47% below), while resistance begins just above at ₹30.73. The high annualized volatility of 32.8% underscores the elevated risk profile for investors holding the position.

- Bearish Supertrend signal confirmed on daily, weekly, and monthly charts as of 6 Nov 2026.
- One-year return of -21.1% and YTD decline of -15.8% reflect sustained underperformance.
- Current maximum drawdown of -46.7% and annualized volatility of +32.8% highlight elevated downside risk.
- Immediate support at ₹30.40; resistance at ₹30.73 limits upside potential in the short term.

- [Indian Overseas Bank has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/IOB_28102026172125_FINALRECON.pdf)
- [Indian Overseas Bank has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/IOB_28102026190421_FINALNEWSPAPER.pdf)
- [Indian Overseas Bank has informed the Exchange regarding Appointment of Mr Akshit Choudhary as Chief Financial Officer of the company w.e.f. November 01, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/IOB_27102026173827_Changes_in_CFO.pdf)
- [Indian Overseas Bank has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1871_WebXMLFile_20261027_180930750.xml)
- [Indian Overseas Bank has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/IOB_26102026123033_FINAL_SIGNED_RESULTS_30092026.pdf)
- [Indian Overseas Bank has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32 |SUBJECT: Statement of deviation(s) or variation(s) under Reg. 32](https://nsearchives.nseindia.com/corporate/IOB_26102026134750_FINALSDVFORUPLOAD.pdf)
- [Statement of deviation/variation in use of Issue proceeds |SUBJECT: Statement of deviation/variation in use of Issue proceeds](https://nsearchives.nseindia.com/content/debt/WDM/IOB_26102026134931_FINALSDVFORUPLOAD.pdf)
- [Indian Overseas Bank has informed the Exchange regarding 'Security Cover Certificate as on 30.09.2026'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/IOB_26102026135901_FINALSECURITYCOVERFORUPLAD.pdf)
- [Security Cover |SUBJECT: Security Cover](https://nsearchives.nseindia.com/content/debt/WDM/IOB_26102026135652_FINALSECURITYCOVERFORUPLAD.pdf)
- [Indian Overseas Bank has informed the Exchange regarding a press release dated October 26, 2026, titled "Press Release regarding Financial Results of the Bank for the quarter and half year ended 30.09.2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/IOB_26102026140657_iobpressrelease.pdf)

### FAQs

**What key leadership changes has Indian Overseas Bank announced?**

The Board approved the appointment of Mr. Akshit Choudhary as Chief Financial Officer effective November 1, 2026. This change coincides with the cessation of Madhaw Chandra Jha from the same role, effective October 31, 2026.

**How did IOB adjust its accumulated losses in Q2 FY27?**

As of July 10, 2026, IOB fully adjusted accumulated losses of ₹8,73,334.22 Lakhs against the Share Premium Account following RBI approval. For the half-year ended September 30, 2026, the Bank also reversed deferred tax assets totaling ₹49,644 Lakhs.

**What are the current asset quality and provision metrics for IOB?**

For the quarter ended September 30, 2026, IOB reported a provision coverage ratio of 97.69%. The Bank holds an Expected Credit Loss (ECL) provision of ₹2,70,000.00 Lakhs and IBC-related provisions of ₹9,57,269.76 Lakhs.

**How has IOB's stock price performed over the past year?**

Over the trailing one-year period ending November 6, 2026, IOB's stock returned -21.1%. The stock is currently trading at ₹30.54, reflecting a year-to-date return of -15.8% and a maximum drawdown of -46.7% since inception.

- [Indian Overseas Bank has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/IOB_28102026172125_FINALRECON.pdf)
- [Indian Overseas Bank has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/IOB_28102026190421_FINALNEWSPAPER.pdf)
- [Indian Overseas Bank has informed the Exchange regarding Appointment of Mr Akshit Choudhary as Chief Financial Officer of the company w.e.f. November 01, 2026. |SUBJECT: Appointment](https://nsearchives.nseindia.com/corporate/IOB_27102026173827_Changes_in_CFO.pdf)
- [Indian Overseas Bank has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1871_WebXMLFile_20261027_180930750.xml)
- [Indian Overseas Bank has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/IOB_26102026123033_FINAL_SIGNED_RESULTS_30092026.pdf)
- [Indian Overseas Bank has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32 |SUBJECT: Statement of deviation(s) or variation(s) under Reg. 32](https://nsearchives.nseindia.com/corporate/IOB_26102026134750_FINALSDVFORUPLOAD.pdf)
- [Statement of deviation/variation in use of Issue proceeds |SUBJECT: Statement of deviation/variation in use of Issue proceeds](https://nsearchives.nseindia.com/content/debt/WDM/IOB_26102026134931_FINALSDVFORUPLOAD.pdf)
- [Indian Overseas Bank has informed the Exchange regarding 'Security Cover Certificate as on 30.09.2026'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/IOB_26102026135901_FINALSECURITYCOVERFORUPLAD.pdf)
- [Security Cover |SUBJECT: Security Cover](https://nsearchives.nseindia.com/content/debt/WDM/IOB_26102026135652_FINALSECURITYCOVERFORUPLAD.pdf)
- [Indian Overseas Bank has informed the Exchange regarding a press release dated October 26, 2026, titled "Press Release regarding Financial Results of the Bank for the quarter and half year ended 30.09.2026". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/IOB_26102026140657_iobpressrelease.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹30.73
- Risk regime: Higher Price Risk

### Support levels
- 30.064999999999998
- 28.465
- 30.39666666666667

### Resistance levels
- 36.33
- 37.114999999999995
- 38.561875

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -0.72% |
| return_10 | +6.49% |
| return_1m | -2.92% |
| return_1y | -21.13% |
| return_20 | +0.20% |
| return_3m | -12.24% |
| return_5 | +6.26% |
| return_6m | -13.16% |
| return_since_start | -41.12% |
| return_ytd | -15.84% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -46.66% |
| annualized_volatility | +32.83% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Indian Overseas Bank Q2 FY2026-27: Net profit climbs 56%

Indian Overseas Bank reported net profit of ₹1,912 crore for the quarter ended 30 September 2026, up 56% year on year and 15% from Q1 FY2026-27. Interest earned and pre-provision operating profit rose, while lower other income pulled total income down sequentially; the year-on-year profit increase also coincided with a substantially lower tax expense.

## Profitability and income

Interest earned increased 17% year on year to ₹9,201 crore and 4.8% from Q1 FY2026-27. Interest expense rose 11% year on year to ₹5,334 crore and 4.8% sequentially. Other income fell 10% year on year to ₹1,227 crore and 43% from Q1, taking total income to ₹10,428 crore, down 4.7% sequentially but up 13% year on year.

Operating profit before provisions and contingencies grew 26% year on year to ₹3,016 crore, including a 12% increase from Q1. Profit before tax rose 20% year on year and 11% sequentially to ₹2,066 crore. Net profit reached ₹1,912 crore, compared with ₹1,228 crore in Q2 FY2025-26 and ₹1,659 crore in Q1 FY2026-27. Tax expense was ₹154 crore, versus ₹501 crore and ₹200 crore, respectively. Basic earnings per share was ₹1.02, compared with ₹0.65 a year earlier and ₹0.89 in Q1.

## Costs and provisions

Operating expenses were ₹2,077 crore, up 2.6% year on year and down 34% from Q1. Employee costs were ₹884 crore, compared with ₹1,172 crore in Q2 FY2025-26 and ₹2,104 crore in Q1. Other operating expenses increased 40% year on year to ₹1,193 crore and 14% sequentially. Provisions other than tax and contingencies rose 41% year on year and 14% from Q1 to ₹950 crore.

## Asset quality, capital and returns

Gross non-performing assets declined to ₹4,114 crore from ₹5,078 crore in Q2 FY2025-26 and ₹4,292 crore in Q1. The reported gross NPA ratio improved to 1.19%, from 1.83% and 1.33%, respectively. Net non-performing assets were ₹544 crore, with the reported ratio at 0.16%, compared with 0.28% a year earlier and 0.18% in Q1.

The reported CET1 ratio was 16.26%, compared with 15.78% in Q2 FY2025-26. Return on assets was 1.53%, up from 1.20% a year earlier and 1.41% in Q1.

## Balance sheet

At 30 September 2026, deposits stood at ₹4,07,428 crore and advances at ₹3,42,061 crore. Investments were ₹1,24,649 crore, and total assets were ₹5,17,448 crore.

## Key Takeaway

IOB combined strong year-on-year profit growth with rising interest earned, improving reported NPA ratios and a higher CET1 ratio than a year earlier. Sequentially, profit and operating profit advanced despite lower total income as other income fell; higher provisions and the quarter’s tax expense also remain important context for assessing earnings quality.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +92.44%
- FII holding: +0.47%
- DII holding: +4.29%
- Mutual fund holding: +0.24%
- Retail holding: +1.81%
- Promoter pledged: +0.00%

### Major reported shareholders

- President of India — +92.44%
- Life Insurance Corporation of India — +3.70%

## Official filings

- 2026-10-28 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_28102026172125_FINALRECON.pdf)
- 2026-10-28 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_28102026190421_FINALNEWSPAPER.pdf)
- 2026-10-27 — Management Change: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_27102026173827_Changes_in_CFO.pdf)
- 2026-10-27 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1871_WebXMLFile_20261027_180930750.xml)
- 2026-10-26 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_26102026123033_FINAL_SIGNED_RESULTS_30092026.pdf)
- 2026-10-26 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_26102026134750_FINALSDVFORUPLOAD.pdf)
- 2026-10-26 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IOB_26102026134931_FINALSDVFORUPLOAD.pdf)
- 2026-10-26 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_26102026135901_FINALSECURITYCOVERFORUPLAD.pdf)
- 2026-10-26 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/IOB_26102026135652_FINALSECURITYCOVERFORUPLAD.pdf)
- 2026-10-26 — Press Release: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_26102026140657_iobpressrelease.pdf)
- 2026-10-26 — Earnings Presentation: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_26102026161138_investorpresentation.pdf)
- 2026-10-26 — Generic Announcement: Akme Fintrade (India) Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AKMEFINTRADE_26102026164346_IOB_INTIMATION.pdf)
- 2026-10-26 — Financial Results Filing: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_BANKING_1746210_26102026072722_WEB.xml)
- 2026-10-26 — Financial Results Filing: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_BANKING_1746208_26102026072616_WEB.xml)
- 2026-10-24 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_24102026190326_Risk_CRAR_Divergence_Disclosure_Final.pdf)
- 2026-10-20 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_20102026114603_BSE_NSE_-_ESPS_merged.pdf)
- 2026-10-17 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_1871_WebXMLFile_20261017_174500738.xml)
- 2026-10-17 — Board Meeting Notice: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_1871_WebXMLFile_20261017_174416626.xml)
- 2026-10-17 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_1871_WebXMLFile_20261017_174416626.xml)
- 2026-10-17 — Board Meeting Notice: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_17102026174037_INTIMATION_OF_BOARD_MEETING.pdf)
- 2026-10-17 — Board Meeting Notice: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_1871_WebXMLFile_20261017_174500738.xml)
- 2026-10-12 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_12102026183924_BSE_NSE_MCLR_12102026.pdf)
- 2026-10-08 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_08102026134054_FINAL_UPLOAD_FILE.pdf)
- 2026-10-07 — Generic Announcement: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_07102026191630_EBLR.pdf)
- 2026-10-05 — Credit Rating Update: Indian Overseas Bank — [Official attachment](https://nsearchives.nseindia.com/corporate/IOB_05102026170719_FINAL.pdf)

## News and market events

- 2026-10-30 — CNBC-TV18: **Indian Overseas Bank sees strong corporate loan demand with ₹18,000 crore pipeline** — Indian Overseas Bank has secured approval to raise ₹5,000 crore through a Qualified Institutional Placement (QIP) by the end of Q3 or early Q4. Additionally, the bank is targeting $500 million in External Commercial Borrowings (ECBs) under the RBI swap facility by December 31, with approximately $250 million already substantially tied up. — [Source](https://www.cnbctv18.com/market/earnings/indian-overseas-bank-sees-rs-18000-crore-corporate-loan-pipeline-plans-5000-crore-qip-q2-earnings-results-boardroom-msme-rbi-ecb-alpha-article-20023165.htm)
- 2026-10-28 — FREEPRESSJOURNAL.IN: **Simhastha 2028 Preparations Gain Momentum In MP's Ujjain As UDA, Indian Overseas Bank Sign ₹643 Crore Loan MoU For Temple, Ghat And Pilgrim Infrastructure** — The Ujjain Development Authority and Indian Overseas Bank signed an MoU for a Rs 643.39 crore term loan to support 11 temple, ghat and heritage infrastructure projects ahead of Simhastha 2028. The projects are estimated at Rs 1,124.52 crore. UDA also plans to raise Rs 200 crore through Temple Bonds to support pilgrim facilities. — [Source](https://www.freepressjournal.in/indore/simhastha-2028-preparations-gain-momentum-in-mps-ujjain-as-uda-indian-overseas-bank-sign-643-crore-loan-mou-for-temple-ghat-and-pilgrim-infrastructure)
- 2026-10-27 — Mint: **Who is Akshit Choudhary? Indian Overseas Bank names new CFO; Check his qualifications and previous roles | Company Business News** — Akshit Choudhary is a chartered accountant with more than 15 years of professional experience across banking, financial services, auditing, treasury and business operations. Choudhary will take over as CFO from Madhaw Chandra Jha with effect from November 1, 2026. — [Source](https://www.livemint.com/companies/people/who-is-akshit-choudhary-indian-overseas-bank-names-new-cfo-check-his-qualifications-and-previous-roles-11793120075105.html)
- 2026-10-27 — Mint: **IOB may raise ₹5,000 crore of capital from December quarter-end: MD Srivastava | Mint** — The capital raise could reduce the government’s shareholding in IO. The bank plans to bolster cybersecurity safeguards by engaging consultants and increasing technology spending — [Source](https://www.livemint.com/industry/banking/indian-overseas-bank-rs-5000-crore-capital-raise-government-stake-11793072741295.html)
- 2026-10-27 — The Hindu: **Sensex today | Stock Market Live: Stock to buy today: Aegis Logistics (₹1,291) – BUY** — Sensex, Nifty, Share Prices Live: Aegis Logistics share price to go higher towards ₹1,500 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-27-october-2026/article71626702.ece)
- 2026-10-26 — The Hindu: **IOB net profit up 56 pc at ₹1,962.67 crore in September quarter, bank plans to launch QIP in Q4** — IOB posts 56% quarterly profit rise to ₹1,962.67 cr; plans ₹5,000 cr QIP amid steady deposits and improved NII. — [Source](https://www.thehindu.com/business/Industry/iob-net-profit-up-56-pc-at-196267-crore-in-september-quarter-bank-plans-to-launch-qip-in-q4/article71628517.ece)
- 2026-10-26 — Economic Times: **Indian Overseas Bank to raise $500 million as Q2 profit jumps 56%** — Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a 56% rise in Q2 net profit to Rs 1,912 crore, alongside stronger credit growth and improved asset quality. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/indian-overseas-bank-to-raise-500-million-as-q2-profit-jumps-56/articleshow/135214567.cms)
- 2026-10-26 — The Hindu: **Indian Overseas Bank Q2 net surges 56% on strong interest income growth** — Indian Overseas Bank reported a 56 per cent YoY growth in net profit at ₹1,912 crore for the quarter ended September 2026 (Q2FY27) on the back of strong net interest income growth — [Source](https://www.thehindubusinessline.com/money-and-banking/indian-overseas-bank-q2-net-surges-56-on-strong-interest-income-growth/article71627283.ece)
- 2026-10-26 — CNBC-TV18: **Sensex rises 483 points, Nifty ends at day’s high: Key factors behind market rally** — The Sensex gained 483 points to 73,607 and the Nifty rose 153 points to 22,753, with both benchmarks ending at the day’s high. Dr Reddy’s, Aether Energy and BSE were among the notable gainers, while Shriram Finance and Supreme Industries declined after guidance cuts. — [Source](https://www.cnbctv18.com/market/sensex-rises-483-points-nifty-ends-at-days-high-key-factors-behind-market-rally-20019458.htm)
- 2026-10-26 — The Hindu: **IOB Q2 net profit rises 56% to ₹1,912 crore on higher interest income** — Interest income of the bank rises 17% to ₹9,201 crore during the September quarter — [Source](https://www.thehindubusinessline.com/money-and-banking/iob-q2-net-profit-rises-56-to-1912-crore-on-higher-interest-income/article71626309.ece)
- 2026-10-26 — CNBC-TV18: **Indian Overseas Bank Q2 Results: Strong core income drives profitability, asset quality improves** — In absolute terms, IOB's Gross NPA stood at ₹4,114 crore from ₹4,292 crore in June, while Net NPA stood at ₹543.5 crore from ₹588.4 crore last quarter. — [Source](https://www.cnbctv18.com/market/indian-overseas-bank-iob-q2-results-nii-profit-npas-slippages-margins-loan-deposit-growth-outlook-share-price-20019293.htm)
- 2026-10-26 — The Hindu: **Q2 Results 26th Oct Highlights: Tata Consumer Q2 profit declines, Aequs, Dalmia Bharat PAT declines q-o-q, Ather Energy & ITC Hotels jump after Q2 results, BoM, TMB, IOB, Mankind Pharma, APL Apollo Q2 PAT rise, Paytm, KFin Tech, Nazara Q2 results Today** — Q2 Results Today, 26th October 2026 Highlights: Find all the latest Q2 results 2026 updates of 7NR Retail, AAVAS Financiers, Aditya Birla Real Estate, Acceleratebs India, Acevector, Achyut Healthcare, Admach Systems, Ad-Manum Finance, Aegis Logistics, Aegis Vopak Terminals, Aequs, Alphalogic Industries, Antelopus Selan Energy, APL Apollo Tubes, Arex Industries, ASI Industries, Astec Lifesciences, Ather Energy, Automobile Products of India, Avantel, Baba Arts, Bajaj Global, Bizotic Commercial, B... — [Source](https://www.thehindubusinessline.com/markets/q2-results-today-highlights-paytm-tata-consumer-mankind-pharma-rec-itc-hotels-iob-ather-aegis-logistics-supreme-ind-aequs-nazara-sona-blw-tmb-bom-infosys-kotak-idfc-results-26-october-2026/article71625561.ece)
- 2026-10-12 — CNBC-TV18: **Indian Overseas Bank raises lending rates by 5 bps across six tenors from October 15** — Indian Overseas Bank has raised lending benchmarks by 5 basis points across six tenors from October 15, potentially increasing borrowing costs on linked loans. — [Source](https://www.cnbctv18.com/market/indian-overseas-bank-raises-lending-rates-by-5-bps-across-six-tenors-from-october-15-20010165.htm)
- 2026-10-11 — Mint: **Car loan rates start at 7.35%: Check EMIs and processing fees of 18 lenders | Mint** — Car loan interest rates start at 7.35% across 18 lenders, according to Paisabazaar data. Compare car loan EMIs on ₹5 lakh over five years, processing fees, interest-rate concessions and repayment costs before choosing a lender in October 2026. — [Source](https://www.livemint.com/money/personal-finance/car-loan-rates-start-at-7-35-check-emis-and-processing-fees-of-18-lenders-11791693346774.html)
- 2026-10-10 — Mint: **Home loan rates October 2026: Compare rates starting from 7% across 12 public sector banks | Mint** — Home loan rates start at 7% at select public sector banks in October 2026. Compare rates across 12 public sector banks, including SBI, Bank of Baroda and PNB, and understand the factors that can affect your final borrowing cost before applying. — [Source](https://www.livemint.com/money/personal-finance/home-loan-rates-october-2026-compare-rates-starting-from-7-across-12-public-sector-banks-11791486253416.html)
- 2026-10-08 — MONEYCONTROL: **RBI repo rate hike: PNB, BoB, Indian Bank, UCO Bank raise lending rates; EMIs to rise** — RBI repo rate hike 2026, bank lending rate hike, PNB home loan interest rate, Bank of Baroda RBLR hike, Indian Bank repo linked rate — [Source](https://www.moneycontrol.com/news/business/personal-finance/rbi-repo-rate-hike-pnb-bob-indian-bank-uco-bank-raise-lending-rates-emis-to-rise-14047790.html)
- 2026-10-08 — BUSINESSTODAY: **Loans get costlier: PNB, BOB others hike rates after RBI’s 25-bps repo rate hike** — RBI rate hike, repo rate, bank lending rates, PNB, Bank of Baroda, Indian Bank, home loan EMI, inflation, monetary policy — [Source](https://www.businesstoday.in/personal-finance/story/loans-get-costlier-pnb-bob-others-hike-rates-after-rbis-25-bps-repo-rate-hike-560265-2026-10-08)
- 2026-10-07 — FREEPRESSJOURNAL.IN: **Banks Begin Raising Lending Rates After RBI Hikes Repo Rate By 25 Basis Points** — PNB, Indian Bank, Bank of Baroda, Bank of India, Indian Overseas Bank and Tamilnad Mercantile Bank raised repo-linked lending rates after the RBI increased its policy rate by 25 basis points to 5.50%. The revised bank rates take effect from October 8, making benchmark-linked loans costlier for borrowers. — [Source](https://www.freepressjournal.in/business/banks-begin-raising-lending-rates-after-rbi-hikes-repo-rate-by-25-basis-points)
- 2026-10-07 — The Hindu: **RBI rate hike: PNB, Indian Bank, Bank of Baroda raise lending rates** — PNB, Indian Bank, Bank of Baroda and other lenders raise lending rates after RBI hikes the repo rate by 25 basis points to 5.50 per cent — [Source](https://www.thehindubusinessline.com/money-and-banking/rbi-rate-hike-major-banks-raise-lending-rates-making-loans-costlier/article71557155.ece)
- 2026-10-07 — CNBC-TV18: **More banks raise loan rates as RBI repo hike filters through** — Following the Reserve Bank of India raising the repo rate to 5.50 percent, banks including Bank of Baroda and Bank of India have increased their lending rates by 25 basis points. — [Source](https://www.cnbctv18.com/personal-finance/more-banks-raise-loan-rates-as-rbi-repo-hike-filters-through-20007001.htm)
- 2026-10-07 — Mint: **RBI hikes rates, but banks may hold off on raising deposit rates | Mint** — A surge in FCNR(B) deposits has left banks flush with liquidity, reducing the immediate pressure to compete for deposits even as the RBI begins to drain the surplus. — [Source](https://www.livemint.com/industry/banking/rbi-hikes-rates-but-banks-may-hold-off-on-raising-deposit-rates-11791371695597.html)
- 2026-09-28 — Mint: **Eight PSU banks lack non-executive chairmen, raising governance concerns | Mint** — The role of a non-executive chairman at banks and other financial institutions is crucial, providing board leadership, broad policy direction and oversight of governance. The issue assumes greater significance in view of a new RBI governance framework, issued on 14 July and effective from 1 October. — [Source](https://www.livemint.com/industry/banking/public-sector-banks-without-chairman-in-india-11790503837757.html)
- 2026-09-27 — The Hindu: **Officials discuss credit ecosystem of TN in 187th State Level Bankers’ Committee (SLBC) meet** — Tamil Nadu's 187th SLBC meeting reviews bank performance, credit flow to priority sectors, and MSME, agriculture, education, and housing loans as of June 2026. — [Source](https://www.thehindubusinessline.com/money-and-banking/officials-discuss-credit-ecosystem-of-tn-in-187th-state-level-bankers-committee-slbc-meet/article71515763.ece)
- 2026-09-23 — News18: **Bank Strike: SBI, IOB, Canara Bank And Others To Remain Closed For 5 Days From September 26? Check UPI, ATM, Cheque Status** — Bank strike September 2026: SBI, IOB, Canara Bank and other PSBs may face 5-day branch closure from Sept 26. Here's all you need to know. — [Source](https://www.news18.com/business/banking-finance/bank-strike-sbi-iob-canara-bank-and-others-to-remain-closed-for-5-days-from-september-26-check-upi-atm-cheque-status-10347618.html)
- 2026-09-22 — News18: **September Bank Strike: Which Banks Will Be Open Or Closed For 5 Days (Sept 26-30)?** — Bank Strike September 2026: Check which banks may remain closed from September 26 to 30, strike dates, bank holiday schedule, ATM, UPI and net banking services. — [Source](https://www.news18.com/business/banking-finance/september-bank-strike-which-banks-will-be-open-or-closed-for-5-days-sept-26-30-10345132.html)

## Business profile

**Strategic vision:** Public sector bank providing diverse financial services in India.

### Business segments
- **Retail Banking:** IOB offers savings and current accounts, fixed deposits, home loans, vehicle loans, personal loans, and digital banking access to individual customers.
- **Corporate & Wholesale Banking:** The bank extends working capital credit, term loans, project finance, trade finance, and cash management services to corporate and institutional clients.
- **MSME & Priority Sector Finance:** The bank provides structured credit products to micro, small, and medium enterprises, and maintains mandated priority sector lending targets in agriculture and allied activities.
- **International Banking:** IOB operates overseas branches and representative offices to serve non-resident Indian (NRI) customers and facilitate cross-border trade transactions.
- **Digital & Treasury Operations:** The bank offers internet banking, mobile banking, and UPI-based payment services. Treasury operations manage liquidity, government securities investments, and foreign exchange requirements.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/iob
Markdown representation: https://faxioms.com/stocks/iob?render=md