IOB2020-10-012020-12-31in-bse-fin:OneOperatingExpenses01Member IOB2020-10-012020-12-31in-bse-fin:FourOperatingExpenses01Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentRevenue01Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentRevenue02Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentRevenue03Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentRevenue04Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentRevenue05Member IOB2020-10-012020-12-31in-bse-fin:FourReportableSegmentRevenue01Member IOB2020-10-012020-12-31in-bse-fin:FourReportableSegmentRevenue02Member IOB2020-10-012020-12-31in-bse-fin:FourReportableSegmentRevenue03Member IOB2020-10-012020-12-31in-bse-fin:FourReportableSegmentRevenue04Member IOB2020-10-012020-12-31in-bse-fin:FourReportableSegmentRevenue05Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentResults01Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentResults02Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentResults03Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentResults04Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentResults05Member IOB2020-10-012020-12-31in-bse-fin:FourReportableSegmentResults01Member IOB2020-10-012020-12-31in-bse-fin:FourReportableSegmentResults02Member IOB2020-10-012020-12-31in-bse-fin:FourReportableSegmentResults03Member IOB2020-10-012020-12-31in-bse-fin:FourReportableSegmentResults04Member IOB2020-10-012020-12-31in-bse-fin:FourReportableSegmentResults05Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentAssets01Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentAssets02Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentAssets03Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentAssets04Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentAssets05Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentLiabilities01Member IOB2020-12-31in-bse-fin:OneReportableSegmentLiabilities01Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentLiabilities02Member IOB2020-12-31in-bse-fin:OneReportableSegmentLiabilities02Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentLiabilities03Member IOB2020-12-31in-bse-fin:OneReportableSegmentLiabilities03Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentLiabilities04Member IOB2020-12-31in-bse-fin:OneReportableSegmentLiabilities04Member IOB2020-10-012020-12-31in-bse-fin:OneReportableSegmentLiabilities05Member IOB2020-12-31in-bse-fin:OneReportableSegmentLiabilities05Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares IOB Indian Overseas Bank 2020-04-01 2021-03-31 INR Third quarter Not applicable 2020-12-31 Unaudited Standalone 27623600000.00 14133000000.00 680600000.00 0.00 42437200000.00 15428200000.00 57865400000.00 27220400000.00 8496200000.00 4835500000.00 13331700000.00 40552100000.00 17313300000.00 15135700000.00 0.00 2177600000.00 48900000.00 2128700000.00 0.00 2128700000.00 2128700000.00 164369900000.00 10.00 0.9584 0.0882 0.00 0.13 0.13 0.13 0.13 167534800000.00 39049200000.00 0.1219 0.0313 0.0028 The above Standalone Unaudited Financial results have been reviewed by the Audit Committee of the Board and approved by the Board of Directors in their respective meetings held on 09.02.2021. The results have been subjected to limited review 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 as amended. nThe financial results for the quarter and nine months ended December 31, 2020, as reported above, have been drawn from the financial statements prepared in accordance with Accounting Standard (AS-25) on Interim Financial Reporting and have been prepared following the same accounting policies and practices as those followed in the annual financial statements for the year ended March 31, 2020. nThe above financial results have been arrived at after considering provision for loan losses, restructured assets, standard assets, stressed sector accounts, employees' estimated wage revision, income tax, depreciation on investments and fixed assets, provision for employees' benefits and other necessary provisions on the basis of prudential norms and directions issued by RBI. Provision for employee benefits pertaining to Pension, Gratuity and Leave Encashment and other benefits has been made on the basis of actuarial valuation. nIn line with RBI circular DBR. No.BP.BC1/21.06.201/2015-16 dated July 1,2015 regarding Pillar 3 disclosures including Leverage Ratio and Liquidity Coverage Ratio under Basel III framework, the said disclosures are made available in Bank website http://www.iob.in/investor_cell.aspx. These disclosures are not subjected to review/audit by the Statutory Central Auditors of the Bank. nBased 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 and holds Rs.11.08 crores provision as on December 31, 2020. nIn view of the continuing uncertainities prevailing in the Global and Indian economy consequent to the COVID-19 pandemic, the extent of impact on the Bank's operations and financial position remain uncertain and would depend on several factors including actions taken to mitigate its impact and other regulatory measures. Despite these prevalent conditions, in the opinion of Management there would not be significiant impact on Bank's financial results and on going concern assumptions. nIn accordance with the RBI guidelines relating to COVID 19 Regulatory Package on asset classification and provisioning dated 27.03.2020, 17.04.2020, 23.05.2020 and clarification issued by RBI through Indian Bankers Association dated 06.05.2020, Bank has granted a moratorium on payment of instalments and / or interest as applicable, falling due between 01.03.2020 and 31.08.2020 to eligible borrowers classified as standard, even if overdue, as on 29.02.2020 without considering the same as restructuring. The moratorium period, where granted, shall be excluded by the Bank from the number of days the account is past due for the purpose of asset classification under RBI's income Recognition and Asset Classification norms. nIn accordance with RBI circular DOR.No.BP.BC.63/21.04.048/2016-20 dated 17th April 2020, the Bank is required to make provision @ 10% of outstanding advances in respect of such borrower accounts where asset classification benefit has been taken as per RBI guidelines. 2020-12-31 Unaudited Standalone 83911600000.00 42727800000.00 2441600000.00 0.00 129081000000.00 35426500000.00 164507500000.00 84128000000.00 25367900000.00 13294700000.00 38662600000.00 122790600000.00 41716900000.00 36756300000.00 0.00 4960600000.00 143600000.00 4817000000.00 0.00 4817000000.00 4817000000.00 164369900000.00 10.00 0.9584 0.0882 0.00 0.13 0.13 0.13 0.13 167534800000.00 39049200000.00 0.1219 0.0313 0.0021 Other Operating Expenses 4835500000.00 Other Operating Expenses 13294700000.00 Corporate Wholesale Banking 17615900000.00 Other Banking Operations 1509000000.00 Retail Banking 16118300000.00 Treasury Operations 22617400000.00 Unallocated 4800000.00 Corporate Wholesale Banking 44742300000.00 Other Banking Operations 3058800000.00 Retail Banking 52008500000.00 Treasury Operations 64689400000.00 Unallocated 8500000.00 57865400000.00 164507500000.00 0.00 0.00 57865400000.00 164507500000.00 Corporate Wholesale Banking 3820600000.00 Other Banking Operations 1321500000.00 Retail Banking 2940200000.00 Treasury Operations 9226100000.00 Unallocated 4800000.00 Corporate Wholesale Banking 1807000000.00 Other Banking Operations 2627600000.00 Retail Banking 13976600000.00 Treasury Operations 23301600000.00 Unallocated 4100000.00 17313200000.00 41716900000.00 15135700000.00 36756300000.00 2177500000.00 4960600000.00 Corporate Wholesale Banking 731086000000.00 Other Banking Operations 3453400000.00 Retail Banking 819114600000.00 Treasury Operations 973515700000.00 Unallocated 96737900000.00 2623907600000.00 0.00 0.00 2623907600000.00 Corporate Wholesale Banking 716057500000.00 Other Banking Operations 989200000.00 Retail Banking 805151300000.00 Treasury Operations 934755400000.00 Unallocated 365500000.00 2457318900000.00 0.00 0.00 2457318900000.00 The amount mentioned under point No.2 SEGMENT RESULT ii. Other Unallocable Expenditure net off Unallocable income is amount of Provisions and Contigencies for the period. n nSegment expenses and liabilities have been apportioned on the basis of average segment assets, wherever direct allocation is not possible. n nFigures of the previous years / current year / quarters have been recouped / reclassified / rearranged wherever considered necessary to correspond with the current year / quarter classification / presentation.