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

Intimation regarding Newspaper Publiction of Financial Results for the Quartar/Half year ended 30.09.2022
07-11-2022
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INDIAN OVERSEAS BANK - 532388 - Clarification In Increase In Volume

Clarification in Increase in Volume
07-11-2022
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INDIAN OVERSEAS BANK - 532388 - Unaudited Standalone Financial Results - 30.09.2022 - Rectification Of Typographical Error

Unaudited Standalone Financial Results - 30.09.2022 - Rectification of Typographical Error
07-11-2022
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INDIAN OVERSEAS BANK - 532388 - Clarification sought from Indian Overseas Bank

The Exchange has sought clarification from Indian Overseas Bank on November 7, 2022, with reference to Movement in Volume.The reply is awaited.
07-11-2022
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Q2FY23 Quarterly Result Announced for Indian Overseas Bank

Indian Overseas Bank announced Q2FY23 results: Total business stood at Rs 4,34,441 crore as of Q2FY23 as against Rs 4,23,589 crore of Q1FY23 Total deposits stood at Rs 2,61,728 crore as of Q2FY23 as against Rs 2,60,045 crore of Q1FY23 CASA of the bank stood at 42.97% as of Q2FY23 against 43.07% of Q1FY23 Gross advances stood at Rs 1.72,713 crore as of Q2FY23 as against Rs 1,63,544 crore as of Q1FY23. The. Bank has grown under the retail and agri sector and rebalanced the advance balance by consciously reducing the stressed sector in the corporate segment Operating profit as of Q2FY23 stood at Rs 1,419 crore as against Rs 1,026 crore for Q1FY23 Net profit for Q2FY23 stood at Rs 501 crore as against Rs 392 crore for Q1FY23 Total income for Q2FY23 is Rs 5.852.45 Interest income stood at Rs 4,717.61 core for Q2FY23 as against Rs 4,435 crore in Q1FY23 Non-interest income stood at Rs 1,134.84 crore for Q2FY23 as against Rs 593 crore for the quarter ended Q1FY23 NPA MANAGEMENT: Gross NPA as of Q2FY23 stood at Rs14,726 crore with a ratio of 8.53% as against Rs 14,769 crore with a ratio of 9.03% in Q1FY23. GNPA has reduced both in quantum and as a percentage of Gross Advances QoQ Reduction in NPA for Q2FY23 stood at Rs 43 crore as against Rs 1,006 core achieved for Q1FY23 Total Cash Recovery for September 2022 was Rs 494 crore as against Rs 479 crore in June 2022. Net NPA at Q2FY23 stood at Rs 4,148 crore with a ratio of 2.56% as against Rs 3,698 crore with the ratio of 2.43% as of Q1FY23, thus reducing NPA by Rs 450 crore in absolute terms Provision Coverage Ratio stood at 90.94% as against 91.86% as on Q1FY23. Bank has made required provisioning in advances in specific accounts so as to improve net NPA Result PDF
07-11-2022
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IOB posts 33% growth in Q2 net profit at 501 crore

Total business of Indian Overseas Bank as of September 2022 stood at 4,34,441 crore
06-11-2022
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INDIAN OVERSEAS BANK - 532388 - Results - Financial Results 30 September 2022

Results - Financial Results 30 September 2022
05-11-2022
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