Indian Overseas Bank (IOB) has released its performance analysis for Q3 and the nine months ended December 31, 2025. The bank reported a Net Profit of ₹1,365 crore for the quarter and ₹3,703 crore for the nine-month period. Gross NPA improved to 1.54%, while Net NPA stood at 0.24%. The bank highlights various digital initiatives and its commitment to ESG practices.
Financial Highlights
IOB’s performance analysis for Q3 FY2026 reveals strong financial results:
- Net Profit: Increased to ₹1,365 crore for the quarter and ₹3,703 crore for the nine months ended December 31, 2025.
- Net Interest Income: Stood at ₹3,299 crore for the quarter.
- Operating Profit: Reached ₹2,603 crore for the quarter.
Key Ratios
The bank showcased improvements in key asset quality metrics:
- Gross NPA: Improved to 1.54%.
- Net NPA: Stood at 0.24%.
- PCR (Provision Coverage Ratio): Maintained strongly at 97.49%.
Business Growth
Significant growth was noted across key business segments:
- Total Deposits: Reached ₹349,302 crore.
- Advances: Increased to ₹294,974 crore.
- CASA: Totaled ₹142,676 crore.
Digital Initiatives
IOB has been focused on enhancing its digital footprint. Key highlights include:
- Revamped Mobile Banking with 29 lac+ retail users.
- WhatsApp Banking for balance inquiry and statement requests.
- Customer Onboarding Solution for self-service account opening.
ESG Initiatives
IOB is committed to Environmental, Social, and Governance (ESG) practices:
- Harit Subhagruha for eco-friendly home finance.
- IOB Eco Savings Account to promote paperless banking.
- Various IOB credit schemes for women empowerment.
Source: BSE
