Indian Overseas Bank Reports Nil Fund Utilization Deviation

Indian Overseas Bank filed a regulatory statement confirming no deviation in utilization of ₹1,000 crore raised through Tier II bonds.
The funds were raised via private placement of Basel III Compliant Tier II Bonds on January 23, 2026.
Full amount of ₹1,000 crore was utilized as originally disclosed with no variation in purpose or amount.
Filing made under SEBI LODR Regulations 32(1), 52(7) & 52(7A) for quarter ended March 31, 2026.