Indian Overseas Bank 14 Apr 2026 12:00 AM
Indian Overseas Bank revises MCLR rates effective 15 April,
Indian Overseas Bank announced that the Asset Liability Management Committee (ALCO) of the Bank, in its meeting held on 13 April 2026, has reviewed the MCLR workings as on 10 April 2026 and decided to reduce the Overnight, 1- Year & 2- Year MCLR by 5 bps each w.e.f 15 April 2026. The revised MCLR shall be effective from 15.04.2026. The effective MCLR will be as per details given below until further review. Overnight - 7.90% One month - 8.20% Three month - 8.40%Six month - 8.65%One year - 8.75%Two year - 8.75% Three year - 8.85%
Indian Overseas Bank 11 Apr 2026 12:00 AM
Indian Overseas Bank announces cessation of directors,
Indian Overseas Bank announced that tenure of B. Chandra Reddy, Shri Deepak Sharma & Suresh Kumar Rungta as Part-time Non-official Directors of the Bank came to an end on 10 April 2026 and consequently they ceased to be the Directors of the Bank w.e.f 11 April 2026.
Indian Overseas Bank 27 Feb 2026 12:00 AM
Indian Overseas Bank receives fresh issuer credit rating of BBB/Stable/A2,
Indian Overseas Bank announced that S&P Global Ratings Singapore, International Credit Rating Agency has assigned the bank a fresh Issuer Credit Rating (ICR) as �BBB/Stable/A2� and Standalone Credit profile (SACP) as �bbb-�.Powered by Capital Market - Live News
Indian Overseas Bank 23 Jan 2026 12:00 AM
Indian Overseas Bank raises Tier II bonds of Rs 1,000 cr,
Indian Overseas Bank has come out with issue of Basel III Compliant Tier II Bonds amounting to Rs. 1,000 crore (including Base issue of Rs. 500 crore and Green Shoe option of Rs. 500 crore).Bank has received a total bid of Rs. 3,264 crore in overwhelming response from the Investors and the issue was oversubscribed by 6.52 times against the base issue size. Further, Bank has accepted bids of Rs. 1,000 crore at coupon rate of 7.80%. Powered by Capital Market - Live News
Indian Overseas Bank 14 Jan 2026 12:00 AM
Indian Overseas Bank consolidated net profit rises 63.05% in the December 2025 quarter,
Net profit of Indian Overseas Bank rose 63.05% to Rs 1427.16 crore in the quarter ended December 2025 as against Rs 875.27 crore during the previous quarter ended December 2024. Total Operating Income rose 14.85% to Rs 8172.39 crore in the quarter ended December 2025 as against Rs 7115.88 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Total Operating Income8172.397115.88 15 OPM %58.0359.91 - PBDT1367.451237.60 10 PBT1367.451237.60 10 NP1427.16875.27 63 Powered by Capital Market - Live News
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