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Indian Overseas Bank announced that the International Financial Services Centres Authority (IFSCA) vide its letter dated 01 Junbe 2026 has granted license to the Bank to set up an IFSC Banking Unit (IBU) i.e., as a Branch at GIFT City (GIFT IFSC), Gujarat. The validity of the license is perpetual and subject to such terms and conditions as may be specified by IFSCA.

Indian Overseas Bank announced that the 26th Annual General Meeting(AGM) of the bank will be held on 7 July 2026.

Indian Overseas Bank will hold a meeting of the Board of Directors of the Company on 21 May 2026.

Net profit of Indian Overseas Bank rose 42.51% to Rs 1556.15 crore in the quarter ended March 2026 as against Rs 1091.94 crore during the previous quarter ended March 2025. Total Operating Income rose 11.19% to Rs 8488.96 crore in the quarter ended March 2026 as against Rs 7634.81 crore during the previous quarter ended March 2025.For the full year,net profit rose 59.58% to Rs 5418.46 crore in the year ended March 2026 as against Rs 3395.51 crore during the previous year ended March 2025. Total Operating Income rose 13.33% to Rs 31895.68 crore in the year ended March 2026 as against Rs 28143.64 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Total Operating Income8488.967634.81 11 31895.6828143.64 13 OPM %63.4658.72 -62.5657.60 - PBDT1659.091553.62 7 6268.034511.83 39 PBT1659.091553.62 7 6268.034511.83 39 NP1556.151091.94 43 5418.463395.51 60 Powered by Capital Market - Live News

Indian Overseas Bank will hold a meeting of the Board of Directors of the Company on 29 April 2026.