Bigul

INDIAN OVERSEAS BANK - 532388 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication of Financial Result under SEBI (LODR) Regulations, 2015 for the Quarter Ended 30.09.2023
28-10-2023
Bigul

INDIAN OVERSEAS BANK - 532388 - Announcement under Regulation 30 (LODR)-Investor Presentation

Investor Presentation for the Quarter and Half Year Ended 30.09.2023
28-10-2023
Bigul

IOB posts 25% rise in Q2 net at 625 crore

Fresh slippages were at 321 crore, but total recoveries were higher at 1069 crore, of which about 40 per cent came from written-off accounts
27-10-2023
Bigul

Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Indian Overseas Bank

Indian Overseas Bank announced Q2FY24 & H1FY24 results: 1. Financial Performance: - Operating profit for Q2FY24 and H1FY24 increased by 12.25% and 24.75% respectively compared to the same period last year. - Net profit for Q2FY24 recorded at Rs 625 crore, showing a growth of 24.75% YoY. - Total business increased to Rs 4,82,006 crore as of September 30, 2023, indicating a growth of 11.26% compared to September 30, 2022. - Gross advances stood at Rs 2,08,913 crore, showing a growth of 21.09% compared to September 30, 2022. 2. NPA and Provisioning: - The Gross NPA ratio improved to 4.74% on September 30, 2023, from 8.53% on September 30, 2022. - Net NPA ratio reduced to 0.68% on September 30, 2023, from 2.56% on September 30, 2022. - The provision coverage ratio was recorded at 96.76%, indicating an improvement from 90.94% as of September 30, 2022. - Total cash recovery for September 2023 was Rs 435 crore, compared to Rs 494 crore in September 2022. 3. CASA and Deposits: - CASA of the bank increased to Rs 1,19,206 crore at 43.65% as of September 30, 2023, compared to Rs 1,11,924 crore at 42.76% as of September 30, 2022. - Total deposits stood at Rs 2,73,093 crore, showing a growth of 4.66% compared to September 30, 2022. 4. Capital Adequacy Ratio (CRAR): - CRAR stood at 17.00% as of September 30, 2023, exceeding the regulatory requirement of 9.00%. 5. Key Financial Ratios: - Average Cost of Deposit is 4.69% as of September 30, 2023, as against 4.11% as of September 30, 2022. - Average Yield on Advances stood at 8.78% as of September 30, 2023, as against 7.83% as of September 30, 2022. - Net Interest Margin stood at 3.12% as of September 30, 2023, as against 2.79% as of September 30, 2022. - Credit Deposit Ratio is 76.50% as of September 30, 2023, as against 65.99% as of September 30, 2022. Result PDF
27-10-2023
Bigul

INDIAN OVERSEAS BANK - 532388 - Compliances-Reg. 54 - Asset Cover details

Security Cover Certificate for Quarter ended September 30, 2023
27-10-2023
Bigul

INDIAN OVERSEAS BANK - 532388 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release of Performance Highlights of the Financial Results for Quarter and Half year ended 30.09.2023
27-10-2023
Bigul

INDIAN OVERSEAS BANK - 532388 - Intimation Regarding Declaration Of Unaudited Financial Results Of The Bank For The Quarter And Half Year Ended September 30, 2023

Intimation Regarding Declarartion of Unaudited Financial results of the Bank for the quarter and Half year ended September 30, 2023
27-10-2023
Next Page
Close

Let's Open Free Demat Account