Indian Overseas Bank
IOB Share Price
BSE:532388
NSE:IOB
₹34.67
0.67 (1.97%)
Performance
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Fundamentals
About
IOB Share Price Today
Indian Overseas Bank (IOB) was established in 1937 by Shri. M.Ct.M. Chidambaram Chettyar to specialise in foreign exchange banking and expand its global presence. With 195 branches in India, IOB had an aggregate deposit of ₹67.70 Cr and advances of ₹44.90 Cr on the eve of Nationalisation in 1969. In 1973, IOB formed United Asian Bank Berhad and acquired the Bank of Thailand in 1990. The bank launched an IPO in 2000 and a Follow-on Public Offer (FPO) in 2003, and introduced debit cards in 2005. In 2011, IOB expanded its branches to 1,000 in Tamil Nadu and launched Bank on Wheels in 13 districts in Tamil Nadu, and one each in Kerala and Andhra Pradesh. Allahabad Bank was merged into IOB in April 2020. Checkout Indian Overseas Bank share price history for more insights.
Business Segments
IOB Bank's Financial Segment Overview:
- Domestic Deposits: Accepts public deposits across the country.
- Domestic Advances: Provides loans to retail, Agri, and MSME sectors.
- Overseas Operations: Offers banking services to overseas customers.
- Treasury Operations & Investments: Manages financial assets and liabilities, ensures liquidity, and provides MSME services.
Key Personnel of Indian Overseas Bank
Ajay Kumar Srivastava, CEO and Managing Director
On January 1, 2023, Shri Ajay Kumar Srivastava was elevated from the role of Executive Director to MD and CEO of IOB. In 1991, he started working for Allahabad Bank as a probationary officer (PO). As a result, he worked across the nation in a variety of roles.
Management Outlook of IOB Bank
- The bank has developed a digital strategy that is prepared for the future, with an emphasis on the "e-Sankalp" digital transformation path. The plan centres on expanding digitally and improving core technology capacities.
- Because of the government's significant rise in capital expenditures, IOB is hopeful about double-digit credit growth, which might lead to total PSB business growth.
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Highlights of Indian Overseas Bank's Results
Indian Overseas Bank Announces Q3FY24 Quarterly Results
- As of December 31, 2023, the total business was Rs 4,94,209 crore, up from Rs 4,32,530 crore the previous year.
- From Rs 2,57,480 crore on December 31, 2022, to Rs 2,78,046 crore on December 31, 2023, total deposits increased.
- By December 31, 2023, the Bank's CASA was at Rs 1,20,915 crore at 43.49%, up from Rs 1,14,591 crore at 44.50% in the same period the previous year.
| Name | Designation |
|---|---|
| Ajay Kumar Srivastava | Managing Director & Chief Executive Officer |
| M Narendra | Chairman and MD & CEO |
| S V Raghavan | Nominee (RBI) |
| Sridhar Lal Lakhotia | Director (Workmen Employee) |
| Joydeep Dutta Roy | Executive Director |
| A K Bansal | Executive Director |
| Alok Pande | Nominee (Govt) |
| Niranjan Kumar Agarwal | Director(PartTime NonOfficial) |
| Dhanaraj T | Executive Director |
| Ajit Vasant Sardesai | Director(Shareholders) |
| S Sadagopan | Director(Shareholders) |
| Neelam Agrawal | Nominee (Govt) |
| Deepak Sharma | Non Official Director |
| A D M Chavali | Executive Director |
| B Chandra Reddy | Part Time Non Official Ind.Dir |
| Deepa Chellam | Company Secretary |
| Suresh Kumar Rungta | Non Official Director |
| Sridhar Srinivasan | Chairman (Non-Executive) |
| G. Venkataramanan | Director (Shareholder) |
| Thomas Mathew | Director |
Indian Overseas Bank FAQs
How do I Buy Indian Overseas Bank Shares?
By opening a demat account and having your KYC papers confirmed online, you may simply purchase Indian Overseas Bank shares in BlinkX.
What is the Share Price of Indian Overseas Bank?
The share price of any stock is volatile and changes during the day due to a variety of variables. Indian Overseas Bank's share price is ₹34.67 as of 2026-04-08.
What is the PE ratio of Indian Overseas Bank?
Indian Overseas Bank's P/E ratio is 12.8 times as of 2026-04-08.
What is the PB ratio of Indian Overseas Bank?
Indian Overseas Bank's most recent financial reports indicate a price-to-book ratio of 1.96, showing the company's stock market valuation in relation to the value of its real assets.
What is the Market Cap of Indian Overseas Bank?
Market capitalization, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Indian Overseas Bank's market capitalization is ₹63354.18 Cr as on 2026-04-08.
What is the ROE of Indian Overseas Bank?
The current financial records of Indian Overseas Bank show a 8.19% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.
What is the Total Asset of Indian Overseas Bank?
According to Indian Overseas Bank's most recent financial filings, the company has a total asset value of ₹33760.12, which includes current and non-current assets such as inventory, cash, properties, and equipment.
What is the 52-week high and Low of Indian Overseas Bank?
The 52-week high/low price of a Indian Overseas Bank stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Indian Overseas Bank's 52-week high and low as of 2026-04-08 are ₹42.8 and ₹31.2, respectively.
