Indian Overseas Bank Share Price – NSE /  BSE

Banks, Small Cap

Indian Overseas Bank announced that the International Financial Services Centres Authority (IFSCA) vide its letter dated 01 Junbe 2026 has granted license to the Bank to set up an IFSC Banking Unit (IBU) i.e., as a Branch at GIFT City (GIFT IFSC), Gujarat.

The validity of the license is perpetual and subject to such terms and conditions as may be specified by IFSCA.

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.

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