Indian Overseas Bank Plans ₹4,000 Crore Capital Raise in Q4 Through QIP
Published on: Jan. 14, 2026, 11:01 p.m. | Source: scanx.trade
Indian Overseas Bank plans to raise ₹4,000 crore through QIP in the current quarter, with timing dependent on market conditions. The Board-approved fundraising will dilute government stake by 4%. The announcement follows strong Q3 FY25 results showing 56.20% net profit growth to ₹1,365 crore and 18.70% business growth to ₹6.44 lakh crore, with the bank exceeding its 13-14% growth guidance by achieving 24% growth.
