O-Bank Co., Ltd.
O-Bank Co., Ltd. (TAI: 2897) is trading at NT$10.70, about ₹32 at today's TWD/INR rate, as of 8 Oct 2026, 1:30 AM ET, up 0.47% today. O-Bank is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
NT$10.60
Today's high
NT$10.75
52 week low
NT$8.93
52 week high
NT$11.35
2897 opened at NT$10.65, closed previously at NT$10.65, and has traded between NT$8.93 and NT$11.35 over the past 52 weeks.
About
O-Bank Co., Ltd. is a Taiwan-based financial institution delivering a comprehensive suite of banking and financial services specifically to corporate clients. Its core offerings for businesses encompass various financing solutions, including short- and long-term capital for operations, project financing, and syndicated loans. The bank also facilitates trade through general, export/import, and cross-strait trade finance, along with guarantees, factoring, and forfaiting services. Beyond conventional lending, O-Bank assists businesses with robust factoring solutions covering accounts receivable management, credit facilities, and collection services. It further provides essential cash management tools, such as corporate internet banking and optimized payable and receivable management. Strategic growth is supported by extensive financial advisory services for complex transactions like mergers and acquisitions, corporate restructuring, spin-offs, share swaps, tender offers, management or leveraged buyouts, fundraising, and private placements. To manage global transactions and financial risk, O-Bank provides a suite of foreign exchange and treasury services. These include foreign exchange deposits and guarantees, inward and outward remittances, and import/export services. The bank also offers a range of interest rate products, such as cross-currency swaps, interest rate options, and interest rate swaps, alongside exchange rate products like currency forward contracts, currency options, and currency swaps, in addition to structured products. Complementing these, the bank also offers specialized services like securitization products (including real estate asset securitization, asset-backed securitization, and collateralized debt obligations), wealth management and asset trust services, custodian services, general financial consultancy, and escrow services. Established in 1998, O-Bank, headquartered in Taipei City, Taiwan, was rebranded as O-Bank Co., Ltd. in January 2017, having previously operated as Industrial Bank of Taiwan Co., Ltd.
Key statistics
Avg. volume
5.41M
Market cap
NT$29.77B
P/E Ratio
12.89
Price-to-sales ratio
5.49
Enterprise value
NT$316.81B
Free cash flow yield
1.65%
Debt-to-equity ratio
6.64
Return on equity
4.14%
ROIC
0.47%
Beta
0.18
Dividend yield
4.86%
Last dividend
NT$0.52
Financial overview
Revenue
NT$23.57B
Earnings per share
NT$0.61
Free cash flow
NT$780.93M
Net profit margin
44.87%
Gross margin
94.97%
EBITDA
NT$5.22B
Revenue growth
-3.27%
Similar securities
This is not an investment recommendation
O-Bank for Indian investors
O-Bank is listed on the Taiwan Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on O-Bank for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 1:30 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. O-Bank’s current yield is 4.86%.Dividend tax explained
FAQs
Can I buy O-Bank on Paasa?
O-Bank (2897) has been listed on the Taiwan Stock Exchange since 2007, in the Banks - Regional industry. O-Bank is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one O-Bank share cost in rupees?
One O-Bank share is NT$10.70 — about ₹32 at a TWD/INR rate of 3.03 on 8 Oct 2026. Both the O-Bank price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on O-Bank shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the O-Bank price.
Does O-Bank pay a dividend, and how is it taxed in India?
Yes. O-Bank pays a dividend and the current yield is 4.86%; the last declared dividend was NT$0.52 per share, about ₹1.58. Dividends are taxed at your slab rate in India.
When does TAI trade, in Indian time?
The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.
Do I have to declare O-Bank shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on O-Bank?
Yes. O-Bank is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.