Indian Overseas Bank — Investor Meet, 05-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Indian Overseas Bank reported strong Q1 FY26 results: Net Profit surged 75.57% YoY to ₹1,111 Cr. Credit grew 14.05% YoY, and Deposits by 10.75%. Asset quality significantly improved with GNPA at 1.97%, NNPA at 0.32%, and slippage at 0.10%. CASA remains strong at 43.78%. The bank aims to maintain NIM above 3% and targets 13% credit growth. Over 98% of transactions are now digital, backed by significant tech investments. Management is confident about sustained growth and expects recoveries from written-off accounts.