INDIAN OVERSEAS BANK - 532388 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation Regarding Loss of Share Certificate10-08-2023
10-08-2023
INDIAN OVERSEAS BANK - 532388 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation- Performance Analysis 30.06.202303-08-2023
INDIAN OVERSEAS BANK - 532388 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Intimation of Newspaper Publication of Unaudited (Reviewed) Financial Results for the Quarter Ended 30.06.202303-08-2023
IOB bucks the Q1 industry trend to grow CASA in absolute & percentage terms
Posts 500 cr profit in Q1, up 28%02-08-2023
INDIAN OVERSEAS BANK - 532388 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation regarding loss of Share Certificates02-08-2023
Q1FY24 Quarterly Result Announced for Indian Overseas Bank
Indian Overseas Bank announced Q1FY24 results: Total business increased to Rs 4,55,664 crore as June 30, 2023, as against Rs 4,23,589 crore as on June 30, 2022. Total deposits increased to Rs 2,64,401 crore as on June 30, 2023, as against Rs 2,60,045 crore as on June 30, 2022. CASA of the Bank improved to 44.14% as of June 30, 2023, as against 43.07% as on June 30, 2022. Total CASA has increased from Rs 1,12,012 crore as of June 30, 2022, to Rs 1,16,694 crore as on June 30, 2023. Gross advances increased to Rs 1,91,263 crore as on June 30, 2023, as against Rs 1,63,544 crore as on June 30, 2022. The bank has grown under RAM segment and rebalanced the advanced portfolio by consciously reducing the stressed sector in the corporate segment. Operating profit for Q1FY24 improved to Rs 1,345 crore as against Rs 1,026 crore for Q1FY23. Net profit for Q1FY24 is Rs 500 crore as against net profit of Rs 392 crore for Q1FY23. Total income for Q1FY24 stood at Rs 6,227 crore as against Rs 5,028 crore for Q1FY23. Interest income stood at Rs 5,424 crore for Q1FY24 as against Rs 4,435 crore for Q1FY23. Non-interest income is Rs 803 crore for Q1FY24 as against Rs 593 crore for Q1FY23. Total expenditure stood at Rs 4,882 crore for Q1FY24 increased as against Rs 4,002 crore for Q1FY23. Gross NPA as of 30th June 2023 stood at Rs 13,629 crore with a ratio of 7.13% as against Rs 14,919 crore with a ratio of 9.12% as on 30th June 2022. GNPA has reduced both in quantum and as a percentage of gross advances (YoY). Total reduction in NPA of Rs 989 crore achieved for Q1FY24 as against the NPA reduction of Rs 1,006 crore during Q1FY23. Net NPA is at Rs 2,590 crore with a ratio of 1.44% as of June 30, 2023, as against Rs 3,698 crore with a ratio of 2.43% as on June 30, 2022, thus reducing it by Rs 1,108 crore in absolute terms. Provision coverage ratio is improved to 94.03% as of June 30, 2023, as against 91.86% as on June 30, 2022. Credit deposit Ratio is 72.34% as of June 30, 2023, as against 62.89% as on June 30, 2022. Average cost of deposit is 4.38% as of June 30, 2023, as against 4.04% as on June 30, 2022. Average yield on advances stood at 8.52% as of June 30, 2023, as against 7.34% as on June 30, 2022. Cost to income ratio stood at 56.96% as of June 30, 2023, as against 56.27% as on June 30, 2022. Result PDF02-08-2023
INDIAN OVERSEAS BANK - 532388 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
PRESS RELEASE 30.06.202302-08-2023
INDIAN OVERSEAS BANK - 532388 - Statement Of Deviation Or Variation In Utilization Of Funds Raised For The Quarter Ended June 30, 2023
Statement of Deviation and Variartion in utilization of funds raised for the quarter ended June 30, 202302-08-2023
INDIAN OVERSEAS BANK - 532388 - Unaudited (Reviewed) Financial Result (Standalone And Consolidated) Of The Bank For Quarter Ended 30.06.2023
Unaudited (Reviewed) Financial Results (Standalone and Consolidated) of the Bank for quarter ended 30.06.202302-08-2023
INDIAN OVERSEAS BANK - 532388 - Intimation Regarding Change In Senior Management
Intimation regarding Change in Senior Management01-08-2023