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Indian Overseas Bank (IOB) offers banking products and services. It provides loans, credit cards, savings, mobile banking, internet banking, and NRI accounts. The bank products include savings accounts, current accounts, retail products, Indian overseas bank cards, term deposits, third-party insurance, term deposits and online payments. IOB also offers corporate banking and rural banking solutions such as micro small and medium enterprises schemes and merchant banking. The bank also provides agricultural short-term loans, term loans, doorstep banking services, depository services and special credit schemes. It has operations across Hong Kong, Singapore, Sri Lanka, India, and Thailand. IOB is headquartered in Chennai, Tamil Nadu, India.
Headquarters
India
Address
763, Anna Salai, Chennai, Tamil Nadu, 600002
Website
www.iob.in
Telephone
91 44 28519491
No of Employees
21,034
Industry
Financial Services
Ticker Symbol & Exchange
IOB (NSE)
Revenue (2025)
$4.3B
11.8%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
59.6%
(2025 vs 2024)
Market Cap*
$6.2B
Net Profit Margin (2025)
XYZ
42.7%
(2025 vs 2024)
* As of and is in US$
Indian Overseas Bank premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Prepaid Cards | Online Payments | IOB |
| Credit Cards | Personal Banking Services | |
| Debit-Cards | Digital Banking Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Corporate Changes/Expansions | In September, the bank partnered with Novio to introduce a co-branded RuPay credit card aimed at UPI-heavy users and first-time credit customers. |
| 2026 | Corporate Changes/Expansions | In February, the bank opened new branches in Delhi, Mumbai, and Bengaluru, India. |
| 2025 | Contracts/Agreements | In November, the bank entered into a partnership with Network People Services Technologies to introduce UPI 123Pay, a voice-based Unified Payments Interface system. |
Competitor Comparison
| Key Parameters | Indian Overseas Bank | State Bank of India | Indian Bank | Central Bank of India | IDBI Bank Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Chennai | Mumbai | Chennai | Mumbai | Mumbai |
| State/Province | Tamil Nadu | Maharashtra | Tamil Nadu | Maharashtra | Maharashtra |
| No. of Employees | 21,034 | 245,131 | 40,224 | 33,997 | 20,693 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ajay Kumar Srivastava | Managing Director; Chief Executive Officer | Executive Board | 2023 | 59 |
| Srinivasan Sridhar | Chairman | Non Executive Board | 2024 | - |
| Neelam Agrawal | Director | Executive Board | - | - |
| Dhanaraj T | Director | Executive Board | 2024 | 56 |
| Madhaw Chandra Jha | Deputy General Manager; Chief Financial Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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