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Indian Overseas Bank

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Analyst Sentiment For Indian Overseas Bank

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There seem to be no recommendations on this stock from the analyst universe covered


Indian Overseas Bank's Info & Management

Indian Overseas Bank (IOB) was founded on February 10, 1937, by Shri. M. Ct. M. Chidambaram Chettyar, a pioneer in banking, insurance, and industry. 

Its unique inception involved opening branches simultaneously in Karaikudi and Chennai, India, as well as Rangoon in Burma (now Myanmar) and later Penang in Malaysia. The bank is headquartered in Chennai, Tamil Nadu, India.

Business Segment

  • Treasury Segment: oversees investment portfolios and engages in foreign exchange and derivative contract trading
  • Corporate/Wholesale Banking Segment: offers lending activities for corporate accounts and the management of stressed assets, catering to corporate and institutional clients, and also overseeing non-treasury operations of foreign offices/entities
  • Retail Banking Segment: focuses on personal banking activities, extending loans to corporate customers with established banking relationships through its branches
  • Digital Banking Segment: The IOB Mobile platform offers a wide range of digital banking services, including online account opening, mobile banking, and internet banking
  • Other Banking Businesses: include NRI banking services, self-service banking, and more

Geographical Presence

It operates in India. The bank has established a presence abroad with six establishments, comprising four Overseas Branches, one Remittance Center, and one Joint Venture Subsidiary. These international branches are located in Singapore, Hong Kong, Bangkok, and Colombo, with a Remittance Centre situated in Serangoon, Singapore.

  • General Manager,HOD
    Mr. Reyazul Haque
  • Deputy General Manager,HOD
    Ms. Dhurga Devi M
  • Deputy General Manager,HOD
    Mr. Thirumurugan S
  • Deputy General Manager,HOD
    Mr. Amit Srivastava
  • General Manager,HOD
    Mr. Brundaban Nayak
  • General Manager,HOD
    Mr. Shiv Kumar Gupta

FAQs on Indian Overseas Bank

What is the share price of Indian Overseas Bank?

Indian Overseas Bank share price is ₹67.21 as of June 14, 2024, 03:29 PM. Share/stock prices are volatile and change over the course of a trading day, and may differ basis on exchange (NSE/BSE).

What is the 52-week high and low of Indian Overseas Bank?

The 52-week high and low of Indian Overseas Bank is ₹83.70 and ₹23.70 respectively as of June 14, 2024, 03:29 PM. 52-week high and low represent the maximum and minimum value of the share price respectively, over the last 52 weeks (similar to 1 year).

What is the PB ratio of Indian Overseas Bank?

The trailing twelve month (TTM) PB ratio of Indian Overseas Bank is 4.62 as of June 15, 2024. The PB ratio measures the market capitalization of the company relative to it’s book value (carrying value on the balance sheet) as of last reported period.

What are the Upper Circuit and Lower Circuit of Indian Overseas Bank?

The Upper Circuit of Indian Overseas Bank is ₹81. The Lower Circuit of Indian Overseas Bank is ₹54.

What is the ROE of Indian Overseas Bank?

Indian Overseas Bank reported an ROE of 10.17% for the last reported financial year on a consolidated account basis. Return on Equity (ROE) reflects how efficiently the company is able to generate profit as a percent of their equity financing.

What is the shareholding pattern of Indian Overseas Bank?

Shareholding pattern gives insights on the concentration of holdings towards various groups of investors. As of last reported quarter for Indian Overseas Bank, Promoter held 96.4%, DII held 1.3% and the public held 2.3% of the total shares.

How to buy Indian Overseas Bank Share?

You can easily buy shares of Indian Overseas Bank online through Share.Market. If you are an existing user, login to your account, else follow the process to create your own Demat and Trading account in a few easy steps.

What is the fair value of Indian Overseas Bank?

The fair value of Indian Overseas Bank is an estimated price at which buyers and sellers would freely trade their shares. The various ways to determine the fair value of an asset include looking at recent market transactions for similar assets, estimating its expected earnings or the cost of replacing it.
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