Indian Overseas Bank has announced a reduction in its One-Month Marginal Cost of Funds based Lending Rate (MCLR) by 10 basis points, bringing it down to 8.20% effective from March 15, 2026. The decision reflects the bank's ongoing efforts to optimize its lending rates in response to market conditions.

ALCO Committee Decision

The Asset Liability Management Committee (ALCO) of the bank made this decision during its meeting held on March 12, 2026. The committee reviewed the MCLR workings as on March 10, 2026 before approving the rate revision. The new rates will remain effective until the next committee review.

Revised MCLR Structure

The bank has provided a comprehensive breakdown of its tenor-wise MCLR rates following the revision:

Rate Structure Analysis

While the One-Month MCLR has been reduced, all other tenor rates remain unchanged. The Overnight MCLR continues at 7.95%, representing the lowest rate in the structure. The longer-term rates show a gradual increase, with the Three Year MCLR at 8.85% being the highest among all tenors.

Regulatory Compliance

The bank has communicated this revision to both BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Raghuram Mallela, Deputy General Manager and Company Secretary & Compliance Officer, ensuring proper regulatory compliance and transparency in the rate revision process.

Indian Overseas Bank has announced its participation in non-deal roadshows and institutional investor meetings starting from March 13, 2026. The bank informed both BSE and NSE about these investor engagement activities through an official communication dated March 10, 2026.

Event Details and Format

The roadshows will feature direct engagement between the bank's management and institutional investors through structured meetings. The bank has outlined specific parameters for these investor interactions.

Regulatory Compliance and Information Sharing

Indian Overseas Bank has emphasized its commitment to regulatory compliance and transparent information sharing practices. The bank has made clear declarations regarding the nature of information that will be discussed during these meetings.

Key compliance aspects include:

• No unpublished price sensitive information will be shared
• Discussions limited to publicly available information and documents
• Full compliance with Regulation 30 of SEBI (LODR) Regulations, 2015
• Meeting dates subject to change based on investor or bank requirements

Communication and Coordination

The announcement was signed by Raghuram Mallela, Deputy General Manager/Company Secretary & Compliance Officer, and communicated to both major stock exchanges. The bank has indicated that specific platform requirements are not applicable for these in-person meetings, and presentation materials will be shared with participants in due course.

These roadshows represent part of Indian Overseas Bank's ongoing investor relations activities, designed to maintain regular communication with institutional stakeholders while adhering to regulatory guidelines and disclosure requirements.