FilingReader Intelligence

Indian Overseas Bank reports record profit, strong growth in Q2 2025

October 22, 2025 at 02:49 PM UTCBy FilingReader AI

Indian Overseas Bank (IOB) reported a record net profit of INR 1,226 crores for the quarter ended September 30, 2025, a 57.79% year-on-year increase from INR 777 crores in September 2024. The bank's business mix reached INR 617,034 crores, achieving a year-on-year growth of over 14.1%. Deposits grew by 9.15% to INR 339,066 crores, with CASA growing 4.17% to INR 137,386 crores.

Advances rose by 20.78% year-on-year to INR 277,968 crores. Asset quality improved significantly, with gross NPA reducing to 1.83% and net NPA to 0.28% as of September 2025. The provision coverage ratio improved to 97.48%. The bank also saw its capital adequacy ratio at 17.94% against a regulatory requirement of 11.50%.

IOB plans to raise INR 4,000 crores in capital via QIP, likely in Q4 of the current financial year. The bank is also expanding its branch network, with 42 new branches opened and an additional 240 in various stages of operationalization, focusing on unbanked districts and regions with business opportunities.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

News Alerts

Get instant email alerts when Indian Overseas Bank publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →