कोशिश गोल्ड - मुक्त
‘MCLR-linked loans to account for 54% of our book by year-end’
Financial Express Lucknow
|October 17, 2025
Indian Overseas Bank has reported a 1,000-crore-plus profit for the third consecutive quarter.MD and CEO
Ajay Kumar Srivastava tells Narayanan V about the key drivers behind this growth, the bank’s shift towards high-margin loans, and its preparedness to meet the expected credit loss (ECL) framework. Excerpts:
Deposit growth lagged at 9% even as advances rose 21% in Q2.
Deposit growth should ideally be in line with credit growth, but that is not happening for the last six-seven quarters. Credit growth is essential — without it, there’s no income or profitability. To bridge the gap between credit and deposit growth, we are borrowing from the market. We also get refinancing from Sidbi and Nabard at affordable rates. Through these measures, we are meeting our credit requirements and maintaining our credit-to-deposit ratio in the 80-85% range.
What is your strategy to increase deposits?
यह कहानी Financial Express Lucknow के October 17, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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Shriram Finance shares jump 6% post earnings
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Microsoft signs $9.7-bn AI cloud deal with IREN
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