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BankingMedium impactPre-market

Indian Overseas Bank credit rating upgraded to IND AA+

pre-market1 source ↓machine-written, see hownot a recommendation

and improved ROA
1.33%
improved ROA
1.41%
stake in IOB
92.44%

Indian Overseas Bank announced on 05 October 2026 that India Ratings upgraded its Long-Term Issuer Rating to IND AA+/Stable from IND AA/Positive. The upgrade reflects a decline in the gross NPA ratio to 1.33% and improved ROA at 1.41%. This rating change may enhance investor confidence and support future capital raising efforts.

• Basel III Tier 2 bonds upgraded to IND AA+/Stable

• Government of India retains 92.44% stake in IOB

The stable outlook indicates a positive trajectory for the bank's financial health.

Not investment advice. For informational purposes only.

This bulletin was generated by OI Charts' system from the sources listed here and from OI Charts market data, and was published without individual review. Read how bulletins are made or report an error. OI Charts is not a SEBI-registered investment adviser or research analyst. This is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Oct 2026, 07:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IOB closed +0.3% on the day of the news, from ₹31.35 to ₹31.46; Nifty +1.0% over the same session.

Bulletin at 07:05 IST on 6 Oct 2026. Every change is measured from ₹31.35, the last close before it, on 5 Oct. Nifty 50 is measured over the same sessions.

  • IOB close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
IOB closes around the bulletin against the close before the news, with Nifty 50 rebased to it28.1531.3534.55axis spans 23%before the news · 5 Oct31.35Nifty 50IOBbulletinD0+1+3+528 Sept7 Oct14 OctReference close ₹31.35. 12 sessions from 28 Sept to 14 Oct; the price axis spans 23 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before5 Oct₹31.35basebase
On the day6 Oct₹31.46▲ +0.3%▲ +1.0%−0.6 pp difference
+1 session7 Oct₹31.03▼ −1.0%▲ +0.2%−1.2 pp difference
+3 sessions9 Oct₹30.58▼ −2.5%▼ −0.2%−2.3 pp difference
+5 sessions13 Oct₹30.79▼ −1.8%▲ +0.7%−2.5 pp difference
Gap at the open, % · ₹
▲ +0.2%+0.05 on 6 Oct
Day's range, % · ₹
2.2%≈ 0.68 high to low
Volume on the day
0.84×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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