What we do Indian Overseas Bank is a nationalized bank offering retail, corporate, treasury, and digital banking services across India and select foreign countries. |
Founded in 1,937 |
Market share IOB is a leading public sector bank with extensive domestic branch network and overseas presence, holding a significant share in Indian banking. |
Problem solved Provides accessible financial products and services addressing needs of retail, MSME, agricultural, and corporate sectors, promoting financial inclusion. |
Top clients or who we serve Serves retail customers, MSMEs, agricultural clients, corporates, and NRIs; operates in B2B and B2C segments. |
Key management Ajay Kumar Srivastava serves as MD & CEO; leadership includes qualified professionals ensuring strong governance. |
Our journey and innovations Founded in 1937 to specialize in overseas banking, IOB pioneered personal loans, early computerization, and was first PSU bank with ISO 9001 certification for IT. |
Where we operate India with 3,335 branches plus overseas branches in Singapore, Hong Kong, Thailand, and Sri Lanka. |
Top products or what we offer Offers savings/current accounts, personal loans, agricultural credit, MSME loans, forex services, credit cards, and digital banking products. |
Top brands Flagship banking segments include Retail Banking, Corporate Banking, Treasury, and Digital Banking; NRI services and specialized MSME schemes. |
Raw materials needed Not applicable; operates as a banking service provider. |
Raw materials supplier Not applicable. |
Recurring vs cyclical contribution Revenue predominantly recurring via interest and fee income from banking operations. |
Our industry position Among top Indian public sector banks with growing deposit base, advancing credit quality, and improving capital adequacy. |
Financial highlights FY25 revenue Rs 28,143 Cr; net profit Rs 3,335 Cr; 11.3% business growth; 25.56% profit growth; robust capital adequacy at 19.74%. |
Geographical revenue split Majority from domestic operations; international revenue minor but strategic presence in Asia. |
Order book - |
Whats driving growth Robust loan growth in retail, MSME, agriculture; digital banking push; capital infusion; improved asset quality. |
Our future plans Expand branch & retail loan processing centers; enhance digital services; focus on financial inclusion and sustainable finance. |
Our green promise Products like E-vehicle loans, green deposits, and solar energy financing support environmental sustainability. |
Our people and values Employee-centric culture with focus on innovation, inclusion, and continual skill development. |
Key challenges ahead Maintaining asset quality amid economic uncertainties and competitive pressures in banking sector. |
Interesting facts Started business simultaneously in three branches including overseas on day one in 1937; first PSU bank ISO certified for IT sector. |
Risks and strategy Mitigates credit and market risks via strong monitoring, provisioning, and technology-enabled risk management strategies. |
