Indian Overseas Bank

NSE IOB.NS

Indian Overseas Bank Return on Assets (ROA) for the year ending March 31, 2024

Indian Overseas Bank Return on Assets (ROA) is NA for the year ending March 31, 2024. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Indian Overseas Bank Return on Assets (ROA) for the year ending March 31, 2022 was 0.57%, a 106.10% change year over year.
Indian Overseas Bank Return on Assets (ROA) for the year ending March 31, 2021 was 0.28%, a 108.46% change year over year.
Indian Overseas Bank Return on Assets (ROA) for the year ending March 31, 2020 was -3.27%, a -118.76% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

NSE: IOB.NS

Indian Overseas Bank

CEO	Mr. Ajay Kumar Srivastava
IPO Date	July 1, 2002
Location	India
Headquarters	763 Anna Salai
Employees	21,475
Sector	Finance
Industries Banking & Lending Fintech

Description

Indian Overseas Bank provides various banking products and services in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It accepts various deposits, such as demand, savings, current, fixed, and term deposits; foreign currency (nonresident) accounts. The company's loan products include home, vehicle, jewel, clean, education, reverse mortgage, personal, agricultural, and corporate loans, as well as loan against the property; and micro, small, and medium enterprise loans. It also provides debit and credit cards, prepaid cards, NRI accounts, agricultural and rural banking products, merchant banking, payment, and internet banking services; and health, property, home, motor, and general insurance products. As of March 31, 2022, it operated 3,214 branches, 3,355 ATMs, and 2,659 business correspondents in India; and 4 overseas branches in Singapore, Hong Kong, Colombo, and Bangkok. The company was founded in 1937 and is based in Chennai, India.

Key trends

Past 5 years