Strong Performance From Indian Overseas Bank In September Quarter | CNBC TV18
CNBC-TV18 · 30 Oct 2026 · 5 min
Management interview of Indian Overseas Bank (IOB), with 7 key numbers discussed.
- Ajay Kumar Srivastava, MD & CEO, Indian Overseas Bank
Indian Overseas Bank expects credit growth to comfortably continue at 18-19%, primarily driven by retail, agriculture, and MSME segments, which comprise 81% of its loan book. Corporate lending is also seeing healthy traction, supported by an Rs 18,000 cr loan pipeline. With CRAR at 18.60%, existing capital is adequate for growth, but the bank will raise Rs 5,000 cr via QIP by late Q3 or early Q4 to address government shareholding. Additionally, the bank targets raising USD 500mn through external commercial borrowings by December.