Indian Overseas Bank (BOM: 532388)

India flag India · Delayed Price · Currency is INR
52.61
+1.98 (3.91%)
At close: Jan 20, 2025
19.03%
Market Cap 992.75B
Revenue (ttm) 131.23B
Net Income (ttm) 31.14B
Shares Out n/a
EPS (ttm) n/a
PE Ratio 31.88
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 742,586
Average Volume 585,250
Open 50.95
Previous Close 50.63
Day's Range 50.70 - 53.66
52-Week Range 43.42 - 83.80
Beta n/a
RSI 52.21
Earnings Date Jan 16, 2025

About Indian Overseas Bank

Indian Overseas Bank provides various banking products and services in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It accepts various deposits, such as demand, savings, current, fixed, recurring, tax saver, and term deposits. The company’s loan products include home, vehicle, jewel, consumer durable, education, reverse mortgage, personal, agricultural, and corporate loans, as well as loan against the property and sovereign gold bond; and mi... [Read more]

Industry Commercial Banks
Founded 1936
Employees 21,475
Stock Exchange Bombay Stock Exchange
Ticker Symbol 532388
Full Company Profile

Financial Performance

In 2023, Indian Overseas Bank's revenue was 121.53 billion, an increase of 38.37% compared to the previous year's 87.83 billion. Earnings were 26.66 billion, an increase of 26.70%.

Financial Statements

News

Indian Overseas Bank shares tumble over 7% amid profit booking

Shares of Indian Overseas Bank (IOB) plunged 7.42% in early trade on Wednesday, January 15, closing at ₹49.78, down by ₹3.99 from the previous close of ₹53.77. The stock traded within a day range of ₹...

6 days ago - Business Upturn

Central Bank of India shares plunge over 7% following sharp profit booking

Shares of Central Bank of India dropped more than 7% in early trade on Wednesday, January 15, after experiencing a significant rally in the previous session. The stock fell to ₹51.11, declining by ₹4....

6 days ago - Business Upturn

PSU Bank Stake Sale: Government clears ₹10,000 crore QIP plan for 5 lenders, including Bank of Maharashtra, Punjab & Sind Bank and Central Bank of India – Report

The government has greenlit a ₹10,000 crore fundraising initiative for five public sector banks—Bank of Maharashtra, Punjab & Sind Bank, Indian Overseas Bank, UCO Bank, and Central Bank of India—via Q...

7 days ago - Business Upturn

PSU bank rallies: Central Bank of India stock up 17.35%, IOB share price surges 16.24%, UCO Bank gains 13.90%

Public Sector Undertaking (PSU) banks are seeing significant upward momentum as of 3:01 PM, with major players witnessing robust gains. Here’s a comprehensive performance update: Top Gainers in PSU Ba...

7 days ago - Business Upturn

Moneyboxx Finance shares surge 4% on Rs 500 million loan sanction

Moneyboxx Finance saw its shares jump by 4% following the announcement of a term loan sanction of INR 500 million from three new lending partners: Indian Overseas Bank, Bajaj Finserv Limited, and Nabk...

7 days ago - Business Upturn

PSU bank stocks today: Maharashtra Bank surges 3.88%, UCO Bank up 3.22%, IOB gains 3.06%

As of 9:51 AM, PSU bank stocks are trading positively, showcasing notable gains across the sector. Here’s a comprehensive look at their performance: PSU Banks – Top Gainers: Maharashtra Bank (Mahabank...

7 days ago - Business Upturn

IOB revises MCLR rates, effective January 15, 2025 – Know More

Indian Overseas Bank (IOB) has announced a revision in its Marginal Cost of Funds-based Lending Rates (MCLR), effective January 15, 2025. The decision was taken by the bank’s Assets and Liabilities Ma...

10 days ago - Business Upturn

HC frowns at bank’s ‘lack of empathy’ over transfer of disabled child’s mom

Mumbai: Bombay HC recently expressed surprise at Indian Overseas Bank for its "lack of sympathetic approach" towards a clerical staffer, who wanted to.

12 days ago - The Times of India

Police check security sys in banks across city

Lucknow: In the wake of the recent robbery at Chinhat branch of Indian Overseas Bank, in which seven men decamped with jewellery and cash after breaki.

18 days ago - The Times of India

Mahabank (+1.53%), IOB (+1.13%), Central Bank (+0.86%) lead gains in PSU bank stocks

As of 9:59 AM, PSU banks are trading predominantly in the green, with Bank of Maharashtra (Mahabank), Indian Overseas Bank (IOB), and Central Bank emerging as the top performers. Key Gainers Mahabank:...

21 days ago - Business Upturn

School dropouts eyed bank for lavish life

Lucknow: All seven members of the gang involved in the multi-crore heist at the Indian Overseas Bank's Chinhat branch dreamt of making it big despite .

24 days ago - The Times of India

Last accused of bank heistin Chinhat also arrested

Lucknow: The Lucknow police on Friday arrested the seventh and final accused involved in the sensational Indian Overseas Bank heist at the Chinhat bra.

24 days ago - The Times of India

Bank burglary: Kingpin held; ran food kiosk to gather info

Lucknow: In another breakthrough in the Indian Overseas Bank burglary case in Chinhat on Dec 22, the sixth accused Vipin Kumar Verma was arrested in G.

25 days ago - The Times of India

Mastermind’s life riddled with abandonment, addiction, crime

Lucknow: A deeply troubled history of Vipin, the mastermind behind the daring Indian Overseas Bank heist in Chinhat, was unearthed on Thursday as his .

25 days ago - The Times of India

Two accused in bank heist gunned downin encounters in Lucknow, Ghazipur

Lucknow: After the arrest of three people in connection with the daring bank heist at the Indian Overseas Bank's Chinhat branch in Lucknow, following .

27 days ago - The Times of India

‘Life savings stolen’: Customers in shock

Lucknow: The daring heist at Indian Overseas Bank in Chinhat on Sunday left locker holders devastated with many learning about the break-in only throu.

4 weeks ago - The Times of India

‘Regret theft, insurance to help affected people’

Lucknow: The Indian Overseas Bank (IOB) on Monday issued a statement expressing regret over the unfortunate robbery at the Chinhat branch on Sunday.

4 weeks ago - The Times of India

Cops crack bank heist within 24 hrs, 3 of Bihar gang held after encounter

Lucknow: Within 24 hours of the daring bank heist at the Indian Overseas Bank's Chinhat branch in Lucknow, the police arrested three members of a Biha.

4 weeks ago - The Times of India

'Uttar Pradesh leading in ease of doing crime': Akhilesh's jibe at BJP govt

Samajwadi Party leader Akhilesh Yadav criticized the Uttar Pradesh government, alleging a surge in crime after two bank robberies. One incident involved thieves breaking into lockers at the Indian Ove...

4 weeks ago - The Times of India

Watch: Burglars who robbed 30 bank lockers arrested in Lucknow

Three suspects were apprehended in Lucknow following a bank heist at the Indian Overseas Bank, where they breached a wall and looted jewelry from 30 lockers. One suspect, Arvind Kumar, was injured dur...

4 weeks ago - The Times of India

Burglars cut through bank branch in Lucknow, empty 30 lockers

Lucknow: In a daring bank heist, burglars struck at the Indian Overseas Bank's branch in Lucknow's Chinhat late on Saturday, cut through its wall, dam.

4 weeks ago - The Times of India

IOB Q3 profit jumps 30% to Rs 723 crore on improvement in core income

India Business News: NEW DELHI: State-owned Indian Overseas Bank (IOB) on Wednesday reported 30 per cent rise in net profit at Rs 723 crore for December quarter 2023-24, o.

4 weeks ago - The Times of India

PSU Bank stocks decline; UCO Bank (-1.18%), Bank of India (-1.30%), Punjab & Sind Bank (-1.64%) lead losses

Public sector bank (PSU Bank) stocks traded lower during intraday as of 11:19 AM, reflecting weak sentiment across the segment. Key Performances: Union Bank: Fell 0.29%, trading at ₹128.81. Bank of Ba...

5 weeks ago - Business Upturn

Indian Overseas Bank shares surge over 3% after ₹1,359 crore tax refund for AY2015-16

Shares of Indian Overseas Bank (IOB) gained over 3% during Tuesday’s trading session, reaching ₹58.40, following the announcement of a significant tax refund. The state-owned lender confirmed receivin...

5 weeks ago - Business Upturn

Top Stocks In Focus Today: HG Infra, Awfis Space Solutions, Senco Gold, Indian Overseas Bank, BEML, and more

The Indian stock market wrapped up Tuesday’s trading session with a flat performance. The Sensex ended marginally higher by 1.59 points at 81,510.05, while the Nifty slipped 8.95 points to close at 24...

5 weeks ago - Business Upturn