Performance Analysis For Quarter Ended/Half Year Ended 30th September 2026

Profitability Performance

Quarterly Performance (₹ in Crores):

  • Net Profit: ₹1,912 crore (Q2 FY27), showing 15.25% QoQ growth from ₹1,659 crore (Q1 FY27) and 55.95% YoY growth from ₹1,226 crore (Q2 FY26)
  • Operating Profit: ₹3,016 crore (Q2 FY27), up 12.01% QoQ and 25.67% YoY
  • Net Interest Income: ₹3,867 crore (Q2 FY27), increased 4.85% QoQ and 26.41% YoY
  • Operating Income: ₹5,094 crore (Q2 FY27), decreased 12.89% QoQ but increased 15.12% YoY

Half-Yearly Performance (₹ in Crores):

  • H1 FY27 Net Profit: ₹3,572 crore, up 52.85% from H1 FY26 (₹2,337 crore)
  • H1 FY27 Operating Profit: ₹5,710 crore, up 20.01% from H1 FY26 (₹4,758 crore)
  • H1 FY27 Net Interest Income: ₹7,555 crore, up 30.15% from H1 FY26 (₹5,805 crore)

Financial Indicators

Key Ratios:

  • NIM (Domestic): 3.49% in Q2 FY27 (up 1 bps QoQ, 14 bps YoY)
  • NIM (Global): 3.37% in Q2 FY27 (unchanged QoQ, up 16 bps YoY)
  • ROA: 1.53% in Q2 FY27 (up 12 bps QoQ, 33 bps YoY)
  • ROE: 24.58% in Q2 FY27 (up 189 bps QoQ, 463 bps YoY)
  • Cost to Income: 40.78% in Q2 FY27 (improved by 1317 bps QoQ, 498 bps YoY)
  • CRAR: 18.60% in Q2 FY27 (decreased 76 bps QoQ, increased 66 bps YoY)

Business Growth

Deposits (₹ in Crores):

  • Total Deposits: ₹4,07,428 crore (Q2 FY27), up 8.30% QoQ and 20.16% YoY
  • CASA: ₹1,65,862 crore (Q2 FY27), up 7.41% QoQ and 20.73% YoY
  • Savings Bank: ₹1,31,408 crore (Q2 FY27), up 3.26% QoQ and 18.11% YoY
  • Retail Term Deposits: ₹1,93,189 crore (Q2 FY27), up 3.38% QoQ and 12.72% YoY

Advances (₹ in Crores):

  • Total Advances: ₹3,45,650 crore (Q2 FY27), up 7.30% QoQ and 24.35% YoY
  • Business Mix: ₹7,53,078 crore (Q2 FY27), up 7.84% QoQ and 22.05% YoY
  • CASA% (Global): 40.71% in Q2 FY27
  • CD Ratio% (Global): 84.84% in Q2 FY27

Segment-wise Advances (₹ in Crores):

  • Retail: ₹1,05,364 crore (Q2 FY27), up 9.03% QoQ and 33.77% YoY
  • Agri: ₹1,22,305 crore (Q2 FY27), up 8.81% QoQ and 47.31% YoY
  • MSME: ₹55,186 crore (Q2 FY27), up 5.01% QoQ and 13.80% YoY
  • Total RAM: ₹2,82,855 crore (Q2 FY27), up 8.13% QoQ and 34.51% YoY
  • Corporate/Others: ₹62,795 crore (Q2 FY27), up 3.73% QoQ but down 7.22% YoY
  • RAM to Advances: 81.83% in Q2 FY27

Asset Quality

NPA Metrics:

  • Gross NPA: ₹4,114 crore (Q2 FY27), decreased 4.15% QoQ and 18.98% YoY
  • Net NPA: ₹544 crore (Q2 FY27), decreased 7.48% QoQ and 29.90% YoY
  • GNPA%: 1.19% (Q2 FY27), improved by 14 bps QoQ and 64 bps YoY
  • NNPA%: 0.16% (Q2 FY27), improved by 2 bps QoQ and 12 bps YoY
  • PCR: 97.69% (Q2 FY27), improved by 2 bps QoQ and 21 bps YoY
  • Slippage Ratio: 0.07% (Q2 FY27), increased 1 bp QoQ but decreased 4 bps YoY

NPA Movement (₹ in Crores):

  • Opening Gross NPAs (Q2 FY27): ₹4,292 crore
  • Cash Recoveries: ₹159 crore
  • Upgradation: ₹60 crore
  • Write-Offs: ₹190 crore
  • Sale to ARCs: ₹13 crore
  • Fresh Slippages: ₹220 crore
  • Other Debits: ₹24 crore
  • Closing Gross NPAs: ₹4,114 crore

Segment-wise NPAs (Q2 FY27):

  • Retail: NPA ₹377 crore, Ratio 0.36%
  • Agri: NPA ₹1,085 crore, Ratio 0.89%
  • MSME: NPA ₹1,179 crore, Ratio 2.14%
  • RAM: NPA ₹2,640 crore, Ratio 0.93%
  • Corporate: NPA ₹70 crore, Ratio 0.17%
  • Domestic Advances: NPA ₹2,710 crore, Ratio 0.84%
  • Overseas: NPA ₹1,404 crore, Ratio 6.26%

Capital Adequacy

Risk Weighted Assets (₹ in Crores):

  • Market Risk RWA: ₹2,301 crore
  • Operational Risk RWA: ₹26,365 crore
  • Credit Risk RWA: ₹2,01,557 crore
  • Total RWA: ₹2,30,222 crore

Capital Ratios:

  • CET 1: ₹37,442 crore (16.26%)
  • Tier 1: ₹37,442 crore (16.26%)
  • Tier 2: ₹5,384 crore (2.34%)
  • Total Capital: ₹42,827 crore
  • CRAR: 18.60%
  • Total RWA to Advance Ratio: 66.61%
  • Credit RWA to Advance Ratio: 58.31%

Customer Touch Points & Financial Inclusion

Physical Presence (as of Sep-26):

  • Domestic Branches: 3,542
  • Overseas Branches: 4
  • ATM/CR: 3,729
  • Business Correspondents (BC): 15,092

Shareholding Pattern (as on 30.09.2026)

  • Government of India: 92.44%
  • Insurance Companies: 3.72%
  • Individual: 2.50%
  • Foreign Portfolio Investor (Corporate): 0.48%
  • FI/Banks: 0.22%
  • Mutual Funds: 0.23%
  • Bodies Corporate: 0.08%
  • ESOP/ESOS/ESPS: 0.19%
  • NRI: 0.06%
  • HUF: 0.06%
  • LLP: 0.02%

Balance Sheet (₹ in Lakhs)

Standalone Position as at 30.09.2026:

  • Capital: ₹19,25,659
  • Reserves and Surplus: ₹21,49,776
  • Deposits: ₹4,07,42,818
  • Borrowings: ₹49,76,005
  • Other Liabilities & Provisions: ₹19,92,309
  • Total Liabilities: ₹5,17,86,566
  • Cash & Balance with RBI: ₹13,01,402
  • Balance with Banks and Money at Call: ₹12,53,065
  • Investments: ₹1,25,06,672
  • Advances: ₹3,42,06,058
  • Fixed Assets: ₹5,02,844
  • Other Assets: ₹20,16,525
  • Total Assets: ₹5,17,86,566

ESG Initiatives

Environmental (E):

  • Financing Renewable Energy Projects
  • IOB Solar Loans
  • Digital Banking
  • IOB Harit Subhagruha
  • IOB ECO Savings Account focused on reducing environmental impact

Social (S):

  • Various IOB Credit Scheme for Women
  • The Sakthi IOB Chidambaram Chettiar Memorial Trust
  • Financial Literacy Centers (Sneha)
  • Friendly Work Environment

Governance (G):

  • Effective Customer Complaints Resolutions
  • Focus on ethical management, transparency, and compliance

Accolades & Awards

  • MD & CEO Mr. Ajay Kumar Srivastava received "Rajbhasha Kirti – First Prize" for implementation of Official Language
  • IOB received EASE 8.0 'Top Improver' (#Rank 1) award
  • SKOCH BFSI Award 2026 in NPA Management category
  • SKOCH BFSI Award 2026 for Robotic Process Automation (RPA) initiative by Anti Money Laundering Department

Digital Initiatives

Key Digital Products & Services:

  • IOB Digital Fixed Deposit – 100% digital FD opening with Aadhaar-based & Video KYC
  • VCIP – Instant digital account opening with live face authentication
  • IOB BUDDY – AI-driven intelligent customer assistant chatbot
  • WhatsApp Banking – Secure real-time channel for banking services
  • Mobile Banking – 50 lac+ retail users, ~15,000 enrollments daily
  • Video Based life certificate – Submit from home via video
  • IOB Digital Hub – One stop digital platform
  • DEH Revamped Internet Banking – Bill Desk, PayU, BBPS, IOB Pay integration
  • QR Based Feedback – Instant paperless feedback collection
  • IOB Akshara PIN – Smart & Secure PIN Generation
  • IOB Online Re-KYC – Update KYC online without branch visit
  • RBIH – ULI (Unified Lending Interface) – Among top 2 PSBs in loan disbursement via ULI

Forward-Looking Statements Disclaimer

The document contains forward-looking statements subject to risks and uncertainties including ability to implement strategy, future NPA levels, growth and expansion, adequacy of credit loss allowances, technological changes, investment income, cash flow projections, and market risk exposures. Indian Overseas Bank undertakes no obligation to update forward-looking statements.