Indian Overseas Bank : Financial Results for the Quarter/Year ended 31.03.2024
May 09, 2024 at 07:44 am EDT
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इण्डियनओवरसीज़बैंक
INDIAN OVERSEAS BANK
Ref No. IRC/47/2024-25
May 9, 2024
The General Manager,
The Vice President,
Department of Corporate Services,
National Stock Exchange Ltd.,
BSE Limited,
Exchange Plaza, C-1 Block G,
Floor 1, P.J. Towers, Dalal Street,
Bandra-Kurla Complex, Bandra (E),
Mumbai 400 001
Mumbai - 400 051
BSE SCRIP CODE: 532388
NSE SCRIP CODE: IOB
Dear Sir/ Madam,
Outcome of Board Meeting- Approval of Audited Financial Results (Standalone & Consolidated) of the Bank for the Quarter and Financial Year ended on March 31, 2024
ln terms of Regulation 30, 33 and 52 and other applicable regulations of the SEBI (LODR) Regulations, 2015, we hereby inform that the Board of Directors of the Bank in its meeting held on May 9, 2024 (Thursday), at Chennai inter alia, approved the Audited Financial Results (Standalone & Consolidated) of the Bank for the Quarter and Financial Year ended March 31, 2024.
In this regard, we enclose the following:
Audited Financial Results (Standalone & Consolidated) of the Bank for the Quarter and Financial Year ended March 31, 2024, along with Segment Results, Cash Flow Statement, Statement of Assets and Liabilities and Audit Report of the Statutory Central Auditors of the Bank.
Declaration Regarding Audit Report with Unmodified opinion.
Disclosure regarding Related Party Transactions for the Half Year ended on March 31, 2024.
Statement of Deviation/Variation.
The Meeting of the Board of Directors commenced at 11.00 a.m. and concluded at 1.55 p.m.
The Financial Results will be made available on the Bank's Website under the following link: https://www.iob.in/Financial_perf.
Please take the above information on record and arrange for dissemination.
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Indian Overseas Bank (the Bank) is engaged in the business of banking. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The Bankâs operations consist of domestic deposits; domestic advances; foreign exchange operations; investments; micro, small and medium enterprises, including MUDRA Loan Scheme; retail banking, including Arogya Mahila Savings Bank Accounts; Mid Corporate department; agricultural credit portfolio; loans to small and marginal farmers; loans to non-corporate farmers, and microfinance. Its personal banking services include saving bank, current account, term deposit, retail loans, and mortgages and depository services. It offers merchant banking for issues, debenture trustee, dividend/interest warrant and others. It also offers Internet and mobile banking services. Its overseas branches with operations in Singapore, Colombo, Hong kong and Bangkok.
INDIAN OVERSEAS BANK 
