Indian Overseas Bank has announced its decision to maintain the one-year Marginal Cost of Funds based Lending Rate (MCLR) at 8.80%. This rate decision indicates the public sector bank's current stance on lending rate pricing amid prevailing market conditions.

MCLR Rate Decision

The bank's decision to keep the one-year MCLR unchanged reflects its assessment of various factors including funding costs, operational expenses, and market dynamics. The MCLR framework, introduced by the Reserve Bank of India, serves as the internal benchmark for banks to determine lending rates for various loan products.

Impact on Borrowers

The unchanged MCLR rate means that existing borrowers with loans linked to the one-year MCLR will continue to pay interest based on the current benchmark. New borrowers seeking loans tied to this benchmark will also be offered rates calculated using the 8.80% MCLR as the base rate.

This rate stability provides predictability for both the bank and its customers in terms of loan pricing. The MCLR serves as a key reference point for various lending products including home loans, personal loans, and business loans, making this decision significant for the bank's overall lending portfolio.

Indian Overseas Bank has announced an analyst conference call scheduled for January 14, 2026, to discuss its unaudited financial results for the quarter and nine months ended December 31, 2025. The meeting represents a key engagement between the bank's management and the analyst community to review the bank's Q3FY26 performance.

Meeting Details and Management Participation

The analyst meet will be conducted through a conference call format starting at 5:00 PM IST on Wednesday, January 14, 2026. The bank's senior management team will lead the discussions, providing insights into the financial performance and operational developments.

Senior Management Participants

The analyst interaction will feature key leadership members who will provide comprehensive insights into the bank's performance:

• Mr. Ajay Kumar Srivastava - Managing Director & CEO
• Mr. Joydeep Dutta Roy - Executive Director
• Mr. Dhanaraj T - Executive Director

Conference Access Information

The bank has provided comprehensive dial-in details to ensure broad participation from analysts and stakeholders. Participants are advised to dial-in 5-10 minutes prior to the scheduled time to ensure seamless connectivity.

Regulatory Compliance and Bank Profile

The announcement was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, demonstrating the bank's commitment to transparent communication with stakeholders. The notification was signed by Ram Mohan K, Compliance Officer, and dated January 9, 2026.

Indian Overseas Bank, founded on February 10, 1937, operates with a strong domestic presence of 3,438 branches and approximately 3,622 ATMs. The bank serves over 41 million active customers and maintains international operations in Singapore, Hong Kong, Thailand, and Sri Lanka. For the quarter ended September 30, 2025, the bank reported an operating profit of ₹2,400.00 crores and net profit of ₹1,226.00 crores.

Contact Information

The bank has designated specific contact persons for investor relations and media queries. M. Christhuvaraj and P. Prasanna from Indian Overseas Bank will handle investor-related communications, while Veritas Reputation PR Pvt Ltd will manage media relations through Sonali Pandey and Mansi Sheth.