Indian Overseas Bank Moat Analysis: Score & Risks
Indian Overseas Bank
A first-pass moat teardown of Indian Overseas Bank, built from single-pass filing evidence. Free note — provisional, and the full two-pass deep dive may revise it.
First-pass narrow read — primary edge in Switching Costs. Provisional, single-pass evidence.
Indian Overseas Bank scores 4.47 on MoatSCORE 6.0 — a narrow moat in Banks. This is a first-pass note: the dimensional read and the filing receipts below come from a single GFIP evidence pass, not the full two-pass deep corpus behind our flagship deep dives. Provisional — published free while the deep version is queued.
Seven dimensions of moat
Ordered by contribution. Each dimension carries a verified filing quote, graded [M] mechanism or [O] outcome.
“NBFC - Others 3,623 24.3% 5,053 32.3% 9,053 63.4%”
“reflecting the continued success of our prudent underwriting standards, robust monitoring framework”
“Out of these 3497 ATMs & CRs, 2686 are managed by Branches of the Bank while 811 are managed by ATM managed services vendors.”
“CASA and Retail Term Deposits together contributed 94% of total deposits, reflecting the strength, granularity and stability of the Bank's retail deposit franchise.”
“IOB has put in place a diversified deposits strategy which should help it meet this challenge in a holistic manner while also keeping the growth levers going”
D8 rating: ADEQUATE. Not part of the moat score — it governs the cost of equity and the fade window. First-pass; not yet deep-reviewed.
The barrier gate — first-pass
Effective barrier 5.5 — below 6, so the band is capped narrow. First-pass estimate.
Deep two-pass review. This draft rests on a single GFIP evidence pass; the full 10-year AR + concall corpus may move the read.
The barrier gate. A firmer replication or bypass estimate is the most likely thing to shift the band.
Adverse events. Any governance, regulatory or funding shock captured in D8 could re-rate the fade window.
Where this note fits. This company is one of 113 Indian companies we have scored for moat durability — 88 narrow, 25 narrow-trending-wide, none wide. The full ranked read: Wide-Moat Stocks in India: We Scored 113 Companies and Found None. Every score, dimension by dimension, is free in the Moat Screener.
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