Indian Overseas Bank


The Constitution of the Board of the Bank is governed by “The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, formulated by the Central Government, after consultation with the Reserve Bank of India, in exercise of the powers conferred by section 9 of “The Banking Companies (Acquisition and Transfer of Undertakings) Act 1970”.The Composition of the Board of Directors of a Bank is governed by “The Nationalised Banks (Management and Miscellaneous Provisions) Scheme 1970” read with “The Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act 2006” and amendment vide Extraordinary Gazette Notification dated 19.02.2007 of the Central Government.

Bank Name Indian Overseas Bank
Stock Exchange NSE
Symbol IOB
Sector Financial Services
Industry Banks – Regional – Asia
Country India
World Region Asia
Chairman
CEO Mr. R. Subramaniakumar
Employees 29806
Website www.iob.in
Registered Year 1937

Currency in INR        
  2018 2017 2016 2015
  ₹ cr ₹ cr ₹ cr ₹ cr
Revenue        
Total interest income 17.92 19.72 23.52 23.94
Total Interest Expenses 12.45 14.53 18.13 18.55
Net Interest income 5.47 5.19 5.38 5.38
Total Net Revenue 9.21 5.19 7.91 7.52
         
Earnings per share        
Basic 0.00 0.00 0.00 0.00
Diluted 0.00 0.00 0.00 0.00
         
Assets        
Total current assets 26.54 26.5 25.78
Other assets 149.88 146.06 16.19
Total assets 247.97 247.17 274.44
Total current liabilities 216.83 216.85 239.29
Total liabilities 234.77 233.42 258.77
Total Equity 13.2 13.74 15.67
         
Net income        
Net cash provided by operating activities 1.55 5.94
Net cash used for investment activities 0.25 0.16
Net cash provided by financing activities 0.85 0.11
         
         
Source: www.iob.in        
Currency in Rupees, All Numbers in Crores.        

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