for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Indian Overseas Bank

IOBK.NS

Latest Trade

21.10INR

Change

0.15(+0.72%)

Volume

3,469,901

Today's Range

21.00

 - 

21.30

52 Week Range

9.85

 - 

29.00

As of on the National Stock Exchange of India ∙ Minimum 15 minute delay

Pricing

Previous Close
20.95
Open
21.00
Volume
3,469,901
3M AVG Volume
188.49
Today's High
21.30
Today's Low
21.00
52 Week High
29.00
52 Week Low
9.85
Shares Out (MIL)
18,902.41
Market Cap (MIL)
396,005.50
Forward P/E
23.28
Dividend (Yield %)
--

Next Event

Q3 2022 Indian Overseas Bank Earnings Release

Latest Developments

More

Indian Overseas Bank Says Sept-Quarter Net Profit Rose

Indian Overseas Bank Exec Says Expect Recovery Of 45 Bln Rupees For FY22

Indian Overseas Bank June-Quarter NIM 2.34% Versus 2.36% Year Ago

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Indian Overseas Bank

Indian Overseas Bank (the Bank) is engaged in the business of banking. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. Its operations consist of domestic deposits; domestic advances; foreign exchange operations; investments; micro, small and medium enterprises, including MUDRA Loan Scheme; retail banking, including Arogya Mahila Savings Bank Accounts; Mid Corporate department; agricultural credit portfolio; loans to small and marginal farmers; loans to non-corporate farmers, and microfinance. Its personal banking services include saving bank, current account, term deposit, retail loans, and mortgages and depository services. It offers merchant banking for issues, debenture trustee, dividend/interest warrant and others. It also offers Internet and mobile banking services. It has over 3,400 branches in India. It has over eight overseas branches with operations in Hong Kong, Bangkok, Sri Lanka, Singapore and South Korea.

Industry

Regional Banks

Contact Info

763, Anna Salai

600002

India

+91.44.28889392

https://www.iob.in/

Executive Leadership

T C A. Ranganathan

Non-Executive Chairman, Part Time Non-Official Director

Portho Sengupto

Chief Executive Officer, Managing Director

Mahesh Kumar S. P.

Chief Financial Officer, General Manager

Nandakumaran S.

Compliance Officer, Company Secretary

Manoj Mohan Sarangi

Chief Risk Officer

Key Stats

5.00 mean rating - 1 analysts
Sell
Hold
Buy
Revenue (MM, INR)

2019

218.4K

2021

59.0K

2022(E)

108.1K
EPS (INR)

2020

-8.040

2022(E)

0.900
Price To Earnings (TTM)
28.61
Price To Sales (TTM)
3.35
Price To Book (MRQ)
1.84
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
16.10
LT Debt To Equity (MRQ)
16.10
Return on Investment (TTM)
--
Return on Equity (TTM)
0.47

Latest News

Latest News

Indian shares gain on boost from energy, banking stocks

Indian shares rose on Wednesday, boosted by energy, public sector banks and telecom stocks, while investors globally were on edge as they weighed volatile oil markets after the United States and other nations moved to cool prices.

Indian shares end lower as metal stocks fall; Axis Bank slumps 6%

Indian shares closed lower on Wednesday as easing supply concerns weighed on metal stocks, while private banks slipped after Axis Bank reported disappointing loan growth.

Indian shares end lower, clock best quarter so far this year

Indian shares closed lower for a third straight session on Thursday, dragged by metals and private banking stocks, but they recorded this year's best quarterly gain and a fifth consecutive monthly jump.

Indian shares struggle but on track for fifth monthly gain

Indian shares were on course for a fifth straight monthly rise even as markets struggled in a tight range on Thursday with energy stocks negating gains in public sector banks.

Indian shares open flat as auto stocks offset gains in state-run banks

Indian shares opened flat on Thursday as auto stocks negated gains in public sector banks, with lingering concerns about global economic recovery also weighing on market sentiment.

Indian shares end at record high as some COVID-19 curbs ease

Indian shares ended at a record high on Monday, buoyed by hopes that the economy would return to normal as some states eased lockdowns, with daily COVID-19 cases hitting a two-month low.

Indian shares end higher, state-run lenders climb on capital infusion

Gains in metal and auto stocks helped Indian shares rise more than 1% on Thursday, while capital infusion by the government in some state-run lenders lifted public-sector banks.

Indian shares rise; PSU stocks climb on capital infusion

Indian shares edged higher on Thursday, led by metals and information technology stocks, while the government's capital infusion in some state-run lenders boosted public sector banks.

Indian shares rise as auto, PSU banks gain

Indian shares edged up on Thursday, led by auto stocks ahead of monthly sales data and gains in public sector banks after capital infusion by the government.

Exclusive: India shortlists four banks for potential privatisation - sources

India's government has shortlisted four mid-sized state-run banks for privatisation, under a new push to sell state assets and shore up government revenues, three government sources said.

Breakingviews - Modi’s bank sale goal could use more credit

Prime Minister Narendra Modi is ready to cut his losses in banking. His government wants to privatise lenders long seen as untouchable, aiming to sell two in the next financial year. Earnings from one potential candidate, Tamil Nadu-based Indian Overseas Bank, show why he...

India plans to reduce number of state-owned banks to just five: sources

India is looking to privatise more than half of its state-owned banks to reduce the number of government-owned lenders to just five as part of an overhaul of the banking industry, government and banking sources said.

Indian shares rise on IT gains; worries over border tensions, virus linger

Indian shares rose on Friday, bolstered by information technology stocks, but gains were limited as investors remained nervous about rising coronavirus cases and border tensions with China.

Indian shares gain on boost from financials, ITC

Indian shares gained ground on Friday as financial stocks rose on the back of strong results from Indian Overseas Bank, with ITC adding to gains ahead of its fourth-quarter earnings.

Indian shares slip on year-end profit booking; Nifty set for 13% jump in 2019

Indian stocks slipped on Tuesday but hovered around their all-time highs as investors booked year-end profits, while the benchmark Nifty index was poised for a nearly 13% gain in 2019.

UPDATE 2-India to start DHFL's bankruptcy proceedings in latest shadow banking crisis

* Shadow banks ailing but play key role in India's economy (Updates throughout with comments, quotes, context)

Indian shares inch up on trade deal optimism

Indian shares extended gains on Tuesday on increasing hopes of a trade truce between the United States and China, while optimism around solid, consumer-driven economic growth in the U.S. aided sentiment.

Indian shares muted as heavyweights drag; state-run banks rise

* Lack of positive triggers, low participation in the market - analyst

Indian state-run banks jump after government announces fund infusion

Shares of India's state-run banks jumped on Thursday, a day after the government said it will inject 482.39 billion rupees ($6.79 billion) into some lenders as part of its recapitalisation programme.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up