Indian Overseas Bank (IOB) has submitted its Security Cover Certificate as per Regulation 54(2)/(3) of SEBI (LODR) Regulations, 2015, for the quarter ended December 31, 2025. The certificate, issued by R. Devendra Kumar & Associates, Chartered Accountants, confirms that all outstanding listed non-convertible debt securities issued by the bank are of an unsecured nature.

The auditors' report, dated January 14, 2026, states that the data related to Security Cover as at December 31, 2025, has been accurately extracted from the bank's books of accounts. It also confirms compliance with the covenants of the Information Memorandum for unsecured Bonds issued on Private Placement basis and outstanding during the period April 1, 2025, to December 31, 2025.

The certificate also details various financial ratios and covenant compliance. Notably, the Capital Adequacy Ratio (CAR) stood at 16.30%, Debt Equity ratio at 1.76, and Debt to Total Assets at 0.88. The bank has confirmed compliance with payment of interest and principal on due dates. The credit ratings from CRISIL, India Ratings, CARE, and ICRA are all AA/Stable.