IOB

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- Indian Overseas Bank reported Net Profit of ₹1,912 Crore for Q2 FY27, registering a strong growth of 55.95% YoY compared to ₹1,226 Crore in Q2 FY25. - Operating Profit for the quarter stood at ₹3,016 Crore, up 25.67% YoY from ₹2,400 Crore. - Net Interest Income (NII) grew by 26.41% YoY to ₹3,867 Crore. - Asset quality improved significantly, with Gross NPA decreasing to 1.19% (down 64 bps YoY) and Net NPA dropping to 0.16% (down 12 bps YoY). - Return on Assets (ROA) improved to 1.53% and Return on Equity (ROE) rose to 24.58% for the quarter.

- Q2 FY27 Net Profit jumped 55.95% YoY to ₹1,912 Cr vs ₹1,226 Cr. - Net Interest Income (NII) grew 26.41% YoY to ₹3,867 Cr; Operating Profit up 25.67% to ₹3,016 Cr. - Asset quality improved with Gross NPA down 64 bps YoY to 1.19% and Net NPA down 12 bps to 0.16%. - Total advances grew 24.35% YoY to ₹3,45,650 Cr.

- Indian Overseas Bank has submitted the Security Cover Certificate as on September 30, 2026, pursuant to Regulation 54(2)/(3) of SEBI (LODR) Regulations, 2015. - The bank has confirmed that all outstanding listed non-convertible debt securities issued by the bank are of an unsecured nature, resulting in a NIL security cover.

- Board approved Unaudited Financial Results for the quarter and half-year ended September 30, 2026. - Consolidated Total Assets increased to ₹5,17,866 Cr compared to ₹4,32,487 Cr as of September 30, 2025. - Consolidated Deposits reached ₹4,07,428 Cr and Advances stood at ₹3,42,061 Cr. - Provision Coverage Ratio stood strong at 97.69%.

- Indian Overseas Bank informed about RBI Inspection for Supervisory Evaluation (ISE) 2026 observations regarding incorrect risk weights for certain corporate exposures and syndicated loans. - Total Risk Weighted Assets (RWA) assessed by RBI stood at ₹2,05,323.69 Crores compared to ₹1,97,931.60 Crores calculated by the bank. - Total CRAR assessed by RBI was 19.06% compared to 19.78% calculated by the bank, remaining well above regulatory requirements. - The adjustments have no impact on the reported Net Profit as on March 31, 2026, and have already been factored in for the quarter ended September 30, 2026.

- Indian Overseas Bank has received SEBI approval to issue up to 10,00,00,000 fresh equity shares to eligible employees under an Employee Stock Purchase Scheme (ESPS). - The ESPS is adopted as a permissible mode for achieving compliance with Minimum Public Shareholding (MPS) requirements. - The issuance remains subject to compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and other applicable rules.

- Indian Overseas Bank has announced a revision in its Marginal Cost of Funds based Lending Rate (MCLR) effective from 15.10.2026. - Overnight, Three-Month, Six-Month, One-Year, Two-Year, and Three-Year tenor MCLRs have been increased by 5 bps. - One-Month MCLR remains unchanged at 8.25%.

- Indian Overseas Bank has announced a revision in its External Benchmark Lending Rate (EBLR/RLLR). - The Repo Linked Lending Rate (RLLR) is revised from 8.10% to 8.35%. - The new interest rate will be effective from 08.10.2026.

- India Ratings & Research upgraded Indian Overseas Bank's (IOB) Long-Term Issuer Rating and Basel III Tier II Bonds to 'IND AA+' from 'IND AA'. - The outlook has been revised from 'Positive' to 'Stable'. - The upgrade is driven by IOB's sustained credit profile strengthening, improved asset quality, strong core profitability, and adequate capital buffers. - Government of India's 92.44% stake reflects high systemic importance and strong support expectations.

- Indian Overseas Bank submitted the statement of outstanding debt securities for the half year ended September 30, 2026. - Total outstanding debt securities include four issuances totaling ₹3,165 Crore.

- Trading window to remain closed from October 1, 2026. - Closure remains effective until 48 hours after declaration of financial results for the quarter and half-year ended September 30, 2026. - Board meeting date for result approval will be intimated in due course.

- Indian Overseas Bank informed about a proposed nationwide bank strike by the United Forum of Bank Unions (UFBU). - The strike is scheduled for 28th, 29th, and 30th September 2026. - The bank has made necessary arrangements for normal functioning, though operations may be affected if the strike materializes.

- Indian Overseas Bank (IOB) revised Marginal Cost of Funds based Lending Rate (MCLR) effective August 15, 2026. - MCLR for tenors from three months to three years increased by 5 basis points. - Overnight and one-month MCLR remain unchanged.

- CARE Ratings upgraded Indian Overseas Bank's Basel III Tier II Bonds from 'CARE AA' to 'CARE AA+/Stable' with a 'Stable' outlook. - The rating for Certificate of Deposits was reaffirmed at 'CARE A1+'. - The upgrade reflects improved financial risk profile, asset quality, and profitability.

- Management expects NIM to be maintained around 3.3% to 3.4% and ROA between 1.4% and 1.5% in the foreseeable future. The domestic NIM for Q1 FY27 was 3.48%. - Credit growth is guided for a minimum of 13-14%, with expectations to continue historical growth of around 20-22% seen in the past three years. - Full-year credit cost is projected to be around 0.35% to 0.40%, with the Q1 credit cost at 0.14%. - The bank plans to raise INR 5,000 crores in equity and INR 1,000 crores in Tier 2 bonds, likely in Q3 and Q4 in multiple tranches. - Accumulated losses have been made nil by internal accrual of net profit and netting off by share premium. - The bank aims to build a book of around $500 million through its GIFT City branch by the end of the financial year and double FCNR deposits to $600-650 million by September.

- Audio recording of Analyst Meet/Earnings call available - Concall Date: July 20, 2026 - Concall Time: 17:30 IST - Purpose: Discussed financial performance for the Quarter ended June 30, 2026 - Recording Link: https://www.iob.bank.in/documents/d/guest/10045036

- The bank submitted a NIL Security Cover Certificate as on June 30, 2026, as per SEBI (LODR) Regulations, 2015. - All outstanding listed non-convertible debt securities issued by the Bank are of unsecured nature. - The independent auditor certified that the security cover data for the quarter ended June 30, 2026, was accurately extracted from standalone unaudited financial statements.

- Net Interest Income (NII) ₹3,688 Cr vs ₹2,746 Cr (▲34.30% YoY) - Operating Profit ₹2,693 Cr vs ₹2,358 Cr (▲14.21% YoY) - PAT ₹1,659 Cr vs ₹1,111 Cr (▲49.32% YoY) - Domestic NIM 3.48% vs 3.17% (▲31 bps)

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