Mumbai, 16 October 2025: Indian Overseas Bank (IOB) has reported robust financial and operational performance for the quarter and half-year ended 30 September 2025, demonstrating strong growth across key business metrics, asset quality, and customer outreach.
Profitability Highlights (Quarter Ended 30 September 2025):
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Net Profit increased significantly compared to the previous year.
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Operating Profit showed notable growth.
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Net Interest Income (NII) rose steadily, reflecting improved operational efficiency.
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Net Interest Margins (NIM) improved both domestically and globally.
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Cost-to-Income ratio reduced, while Return on Assets (ROA) and Return on Equity (ROE) improved.
Profitability Highlights (Half-Year Ended 30 September 2025):
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Net Profit and Operating Profit increased year-on-year.
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NII continued to rise, supported by strong business growth.
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NIM, ROA, and ROE all showed steady improvement.
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Cost-to-Income ratio declined, reflecting operational efficiency.
Business Growth:
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Total business of the bank expanded significantly over the previous year.
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Total deposits and gross advances increased, supported by strong CASA growth.
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Credit-to-deposit ratio maintained a healthy level.
Asset Quality:
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Gross and Net Non-Performing Assets (NPA) improved with better provisioning.
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Slippage and credit costs remained well-managed, reflecting disciplined lending practices.
Recovery and Capital Adequacy:
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Total recovery for the quarter improved over the previous period.
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Basel III Capital Adequacy Ratio strengthened, ensuring a solid capital base for future growth.
Awards, Accolades & Initiatives:
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IOB received the Rajbhasha Kirti Award for the third consecutive year for exemplary implementation of the Official Language.
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The bank topped the Grievance Redressal Index for the third consecutive month, demonstrating superior customer service.
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IOB was awarded the SKOCH Platinum Award for excellence in its in-house IOB SMART app and Risk Management initiatives.
Customer Outreach:
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Number of domestic branches expanded significantly, with a strong presence in rural and semi-urban areas.
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ATM/CR network grew to enhance accessibility.
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Business Correspondent network increased to widen the bank’s reach.
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Total customer touchpoints reached a new high, strengthening engagement across India.
Commenting on the performance, a senior spokesperson from IOB said:
“Indian Overseas Bank continues to demonstrate resilience and consistent growth, driven by a strong focus on customer service, operational efficiency, and disciplined risk management. We remain committed to expanding our reach and delivering sustainable value to all stakeholders.”