Indian Overseas Bank Adverse Business Impact
Indian Overseas Bank notified a proposed nationwide strike by UFBU from September 28-30, 2026. While the bank has planned for normal operations, services may be affected.
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Indian Overseas Bank notified a proposed nationwide strike by UFBU from September 28-30, 2026. While the bank has planned for normal operations, services may be affected.
Indian Overseas Bank has paid annual interest of ₹45.40 Crore on its Basel III Tier II Bonds, Series III. The payment was completed on the due date of September 24, 2026.
Indian Overseas Bank has announced a revision in its Marginal Cost of Funds based Lending Rate (MCLR) effective from 15.08.2026.
CARE Ratings upgraded Indian Overseas Bank's Tier-II Bonds from 'AA' to 'AA+', maintaining a stable outlook. Ratings for Certificates of Deposit were reaffirmed at 'A1+'.
Indian Overseas Bank fixed September 9, 2026, as the record date for coupon payments on its Basel III Tier II Bonds.
Indian Overseas Bank (IOB) reported record Q1 FY27 net profit of INR 1,659 crores (+49.32% YoY) driven by strong Net Interest Income (NII) and credit growth.
Indian Overseas Bank reports strong Q1FY27 performance with Net Profit surging 49% YoY to ₹1,659 Cr. Focus remains on digital initiatives and improving asset quality via aggressive NPA management.
Indian Overseas Bank reported a Q1 FY27 net profit of ₹1,659 Crore, up 49.32% year-on-year. Total business grew 17.72% to ₹6.98 lakh crore.
Indian Overseas Bank submitted a NIL Security Cover Certificate as of June 30, 2026. All outstanding listed non-convertible debt securities are unsecured.
Indian Overseas Bank reported revenue from operations of ₹8,778 Cr (+18.8% YoY) and net profit of ₹1,716 Cr (+45.6% YoY) for Q1 FY27.
Indian Overseas Bank's board will meet on July 20, 2026. They will consider unaudited financial results for the quarter ended June 30, 2026.
Indian Overseas Bank held its AGM on 7 July 2026, passing four resolutions. Resolution 2 authorizes up to Rs.5,000 Crore equity raising via various modes in FY 2026‑27.
Indian Overseas Bank's 26th AGM concluded on July 7, 2026. All four agenda items, including financials and capital raise, were approved by shareholders.