Indian Overseas Bank

Chennai, India Founded: 1937 • Age: 89 yrs
Commercial banking services are offered to individuals and corporates.
Annual revenue $4.0B Latest available
Total funding - 4 rounds
Employees 20970 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Indian Overseas Bank

Indian Overseas Bank is a company based in Chennai (India) founded in 1937. The company has 20,970 employees as of March 31, 2024. Indian Overseas Bank has completed 2 acquisitions, including Coastal Energen and Trident Microfin. Indian Overseas Bank operates in a competitive market with competitors including Axis Bank, Bandhan Bank, HDFC Bank, RBL Bank and Yes Bank, among others.

  • Headquarter Chennai, India
  • Employees 20970 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Indian Overseas Bank
Operational Areas
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.95 B (USD)
    0
    as on Mar 31, 2025
  • Net Profit
    $397.5 M (USD)
    0
    as on Mar 31, 2025
  • EBITDA
    Not available
  • Latest Funding Round
    $70.35 M (USD), Debt – Conventional

    Sep 21, 2019

  • Investors
    Not available
  • Employee Count
    20970

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Indian Overseas Bank

Indian Overseas Bank is a publicly listed company on the NSE with ticker symbol IOB in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: IOB · Sector: Finance · India

People of Indian Overseas Bank

Headcount 5000-10000
Employee Profiles 17
Employee Profiles
People
Hiteshwar Raj Bongshi
Risk Manager & Regional Compliance Officer
People
Manu Tomar
Manager
People
Aritra Basu
Manager
People
Mahesh Krishnan
Assistant Manager

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Funding Insights of Indian Overseas Bank

Investments & Acquisitions by Indian Overseas Bank

Indian Overseas Bank has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Coastal Energen and Trident Microfin.

Investments
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Investment portfolio details for Indian Overseas Bank

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Non-renewable energy-based power projects are developed in India.
Locked Locked 2008 Locked
Micro loans and insurance for the low-income individuals and enterprises in Andhra Pradesh, India
Locked Locked 2007 Locked
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Complete acquisition details for Indian Overseas Bank

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Financial Statements - Indian Overseas Bank

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Detailed financials for Indian Overseas Bank

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Indian Overseas Bank Comparisons

Indian Overseas Bank Primary company
Description
Commercial banking services are offered to individuals and c...
Location
Chennai, India
Founded Year
1937
Annual Revenue
$3.95 B (USD)
Net Profit
$397.5 M (USD)
EBITDA
Not available
Employees
20,970
As of 2024
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Peer comparison for Indian Overseas Bank

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Competitors of Indian Overseas Bank

Indian Overseas Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Axis Bank, Bandhan Bank, HDFC Bank, RBL Bank and Yes Bank, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of a commercial banking services
Locked Locked Locked
Personal and business banking services are offered to underbanked markets.
Locked Locked Locked
Commercial and personal banking services are offered by HDFC Bank.
Locked Locked Locked
Commercial banking services for personal and business needs are provided.
Locked Locked Locked
Commercial banking services are offered to individuals and businesses.
Locked Locked Locked
Commercial banking services are offered to corporate and retail customers.
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Detailed competitors of Indian Overseas Bank

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Latest news on Indian Overseas Bank

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Complete news archive for Indian Overseas Bank

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Frequently Asked Questions about Indian Overseas Bank

Indian Overseas Bank was founded in 1937 and raised its 1st funding round 74 years after it was founded.

Indian Overseas Bank is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Ajay Kumar Srivastava is the current CEO of Indian Overseas Bank.

As of Mar 31, 2024, the latest employee count at Indian Overseas Bank is 20,970.

Annual revenue of Indian Overseas Bank is $3.95B as on Mar 31, 2025.

Indian Overseas Bank was established in 1937 as a commercial bank headquartered in Chennai, India. Core services, including loans, credit cards, savings accounts, investments, insurance, and internet banking, are extended to individual and corporate clients. Operations span India and international branches in Singapore, Colombo, Seoul, Bangkok, Guangzhou, Vietnam, and Dubai. For 2018, revenues totaled 3.2 billion, while a net loss of 783 million was reported.

Indian Overseas Bank's top competitors include Yes Bank, Axis Bank and RBL Bank.

Yes, Indian Overseas Bank is publicly traded on NSE under the ticker symbol IOB.

Indian Overseas Bank has made 2 acquisitions, including Coastal Energen, and Trident Microfin.

The ticker symbol of Indian Overseas Bank is IOB on NSE.

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