IOB2020-01-012020-03-31in-bse-fin:OneOperatingExpenses01Member IOB2020-01-012020-03-31in-bse-fin:FourOperatingExpenses01Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue01Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue02Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue03Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue04Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue05Member IOB2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue01Member IOB2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue02Member IOB2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue03Member IOB2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue04Member IOB2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue05Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults01Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults02Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults03Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults04Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults05Member IOB2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults01Member IOB2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults02Member IOB2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults03Member IOB2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults04Member IOB2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults05Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets01Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets02Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets03Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets04Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets05Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities01Member IOB2020-03-31in-bse-fin:OneReportableSegmentLiabilities01Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities02Member IOB2020-03-31in-bse-fin:OneReportableSegmentLiabilities02Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities03Member IOB2020-03-31in-bse-fin:OneReportableSegmentLiabilities03Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities04Member IOB2020-03-31in-bse-fin:OneReportableSegmentLiabilities04Member IOB2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities05Member IOB2020-03-31in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares IOB Indian Overseas Bank 2019-04-01 2020-03-31 INR Yearly Declaration of unmodified opinion 2020-03-31 Audited Standalone 28475900000.00 13984600000.00 1350500000.00 610700000.00 44421700000.00 10418900000.00 54840600000.00 29104000000.00 8744600000.00 5553400000.00 14298000000.00 43402000000.00 11438600000.00 10603800000.00 0.00 834800000.00 -70000000.00 904800000.00 533100000.00 1437900000.00 1437900000.00 164369900000.00 10.00 0.9584 0.0821 0.00 0.06 0.06 0.10 0.10 199127000000.00 66028000000.00 0.1478 0.0544 0.002 1. The above Standalone Financial Results have been reviewed by the Audit Committee of the Board and approved by the Board of Directors in their meeting held on 25th June, 2020. The results have been subjected to audit by the Statutory Central Auditors of the Bank in line with the guidelines issued by the Reserve Bank of India and as per the requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Central Auditors have issued Unmodified Opinion on the Standalone Financial Results for the Year 2019-20. n2. The above standalone financial results have been prepared following the same accounting policies and practices as those followed in the Annual Financial Statements for the year ended March 31, 2019. n3. The figures of the last quarter in each of the financial years are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end of the third quarter of the respective financial year. n4.The working results for the Quarter/Year ended 31st March 2020 have been arrived at after considering provision for NPAs, Standard Assets, Unhedged Foreign Currency Exposure, Depreciation on Investments & Non - Performing Investments on the basis of prudential norms and specific guidelines issued by Reserve Bank of India, Provision for taxes (after adjustment for Deferred Taxes), Provision for Contingencies, Employee Benefits (including wage revision), Depreciation on Fixed Assets and other usual and necessary provisions. n5. In accordance with RBI circular DBR.No.BP.BC.1/21.06.201/2015-16 dated 1st July, 2015, banks are required to make Quarterly Pillar 3 disclosures including Leverage Ratio and Liquidity Coverage Ratio under Basel III Framework. The disclosures are being made available on Bank's website at the following link http://www.iob.in/investor_cell.aspx. The disclosures are not subjected to verification by the Statutory Central Auditors of the Bank. n6. In accordance with Accounting Standard : 10 – “Property, Plant and Equipment” , depreciation of Rs. 132.58 crore for the year on the revalued portion of the fixed assets has been charged to Profit and Loss account. Equivalent amount has been transferred from the Revaluation Reserve to the Revenue Reserve. n7.Based on the available financial statements and the declaration from borrowers, the Bank has estimated the liability towards Unhedged Foreign Currency Exposure to their constituents in terms of RBI circular DBOD.NO.BP.BC.85/21.06.200/2013-14 dated January 15, 2014 at Rs.2.79 crore. However the Bank holds a provision of Rs.11.08 crores against the said liability as on 31.03.2020. n8. In respect of various Direct Tax and Indirect litigation pending before appellate authorities, taking into consideration judicial rulings and expert advice from independent tax consultants bank is of the view that there is a fair chance of succeeding in the appeals filed with the appeallate authorities and accordingly no additional provision has been made in respect of disputed income tax liability of Rs.5734.33 Crores and Indirect tax liability of Rs.192.28 Crores. 2020-03-31 Audited Standalone 115125500000.00 52079500000.00 6245400000.00 610700000.00 174061100000.00 33063700000.00 207124800000.00 121032800000.00 32407200000.00 18881100000.00 51288300000.00 172321100000.00 34803700000.00 118781600000.00 0.00 -83977900000.00 1829200000.00 -85807100000.00 533100000.00 -85274000000.00 -85274000000.00 164369900000.00 10.00 -26133800000.00 0.9584 0.0821 0.00 -8.04 -8.04 -7.99 -7.99 199127000000.00 66028000000.00 0.1478 0.0544 -0.0295 Other Operating Expenses 5553400000.00 Other Operating Expenses 18881100000.00 Corporate / Wholesale Banking 16886300000.00 Other Banking Operations 942500000.00 Retail Banking 18424900000.00 Treasury Operations 18524700000.00 Unallocated 595300000.00 Corporate / Wholesale Banking 64912100000.00 Other Banking Operations 4351400000.00 Retail Banking 71342400000.00 Treasury Operations 66385000000.00 Unallocated 667200000.00 55373700000.00 207658100000.00 0.00 0.00 55373700000.00 207658100000.00 Corporate / Wholesale Banking 979400000.00 Other Banking Operations 654200000.00 Retail Banking 5720900000.00 Treasury Operations 4025400000.00 Unallocated 591800000.00 Corporate / Wholesale Banking -1264800000.00 Other Banking Operations 3338650000.00 Retail Banking 21020400000.00 Treasury Operations 11587700000.00 Unallocated 654800000.00 11971700000.00 35336750000.00 10603800000.00 118781600000.00 1367900000.00 -83444850000.00 Corporate / Wholesale Banking 800557300000.00 Other Banking Operations 5145800000.00 Retail Banking 765605400000.00 Treasury Operations 939272100000.00 Unallocated 96687700000.00 2607268300000.00 0.00 0.00 2607268300000.00 Corporate / Wholesale Banking 779895600000.00 Other Banking Operations 5642000000.00 Retail Banking 748480500000.00 Treasury Operations 911266600000.00 Unallocated 433900000.00 2445718600000.00 0.00 0.00 2445718600000.00 1. Segment expenses and liabilities have been apportinoned on the basis of average segment assets, wherever direct allocation is not possible. n2. Figures of the previous years / current year / quarters have been regrouped / reclassified / rearranged wherever considered necessary to correspond with the current year / quarters classification / presentation.