Do you even remember or know just a little bit about the Indian Overseas Bank well known as IOB? It is one of the well-recognized banks in India, but how so? Well, IOB was established by M.Ct.M. Chidambaram Chettyar in 1937 because he wanted a bank to serve international trade. And then, in 1969, well, just like a few other banks in the country, it became a government bank as a public sector bank. As of March 2025, IOB is operating a wide network of more than 3000 branches within India and has international branches in countries like South Korea and Thailand, you know? By this point, aka in 2025, IOB is extending services to millions including individuals, small and medium enterprises, and corporations by providing savings accounts and even large-scale corporate loans. Along with this fact, how about if we talk a little more about the Indian Overseas Bank Net Worth & Market Cap? Here we go then.
Detail | Info |
Market Cap (March 2025) | ₹80,696 crore |
Foundation Date | February 10, 1937 |
Headquarters | Chennai, India |
Net Worth (Estimated) | ₹25,000 to 30,000 crore |
Government Ownership | ~96% |
Number of Branches | Over 3,000 (India) |
IOB’s Net Worth
So now let’s get to the money because that’s why you are here. Net worth is fairly simple; it’s what the bank has minus what it owes. Simple as that! By July 2024, total assets had reached ₹352,033 crores, most of this cash coming in through loans and investments. Their prediction according to the prevailing trends is that IOB’s net worth for March 2025 would probably be somewhere between ₹25,000 crores and ₹30,000 crores. Furthermore, the organization has been performing excellently lately as they managed to net a profit of ₹2,665 crore during the financial year 2023-24 and ₹875 crore in the last quarter of 2024.
IOB’s Market Cap
Shifting over to the share market, IOB’s total worth is approximately what people believe it to be. As of March 11, 2025, this equals ₹80,696 crore in rupees with a rupee value of about ₹42.80 and some 1,890 crore shares out there.
What’s Next for IOB?
You see, the net worth of IOB is likely to continue to increase in the future if the corporation remains profitable while managing debts. Certainly, it is not out of the problems (financial ones) yet with a whopping ₹214,760 crore potential liability hanging over its head, but its recent achievements do inspire some optimism. On the other hand, some intelligent people had “warned” that by the end of 2025, stocks could even hit ₹89 or ₹96 and almost reached this “bar,” with a forecasted market cap of around ₹100,000 crores. By 2030, the share price number bounces possibly to ₹104 if they stay strong all the way.