Indian Overseas Bank Receives Perpetual IFSC Banking Unit License

Key Details

Indian Overseas Bank has received a license from the International Financial Services Centres Authority (IFSCA) to establish an IFSC Banking Unit (IBU) as a branch at GIFT City (GIFT IFSC), Gujarat. The license was granted vide letter no. IFSCA-FMPP0IBUR/5/2026-Banking dated 01.06.2026.

License Terms

The license granted by IFSCA has perpetual validity, subject to terms and conditions that may be specified by IFSCA.

Disclosure Requirements

This information is disclosed in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, as amended.

Bank Contact Information

Indian Overseas Bank, Investor Relations Cell, Central Office, 763 Anna Salai, Chennai 600 002 | 044 – 7172 9791, 2888 9360 | investor@iobnet.co.in