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Business Update

Indian Overseas Bank Business Update

Indian Overseas Bank has announced a 5 bps reduction in its Overnight, 1-Year, and 2-Year MCLR, effective from April 15, 2026. The 1-Year MCLR now stands at 8.75%. Other tenors remain unchanged. This adjustment reflects the bank's periodic review of its lending rate structure based on current market conditions.

Source

BSE filing, NSE: IOB. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Indian Overseas Bank: key numbers

Share price
₹29.02
Market cap
₹55,883 Cr
Revenue (annual)
₹31,896 Cr
Net profit (annual)
₹5,418 Cr
P/E (TTM)
8.4×Sector 19.7×
Promoter holding
92.44%+0.00% QoQ
FII holding
0.48%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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