Industrial Bank of Korea
Industrial Bank of Korea (KRX: 024110) is trading at ₩19,750.00, about ₹1,428 at today's KRW/INR rate, as of 8 Oct 2026, 2:30 AM ET, down 1.74% today. Industrial Bank of Korea 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
₩19,750.00
Today's high
₩20,100.00
52 week low
₩18,660.00
52 week high
₩29,550.00
024110 opened at ₩20,100.00, closed previously at ₩20,100.00, and has traded between ₩18,660.00 and ₩29,550.00 over the past 52 weeks.
About
Industrial Bank of Korea operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally. It provides personal and corporate banking, such as check, transfer, deposit/trust, fund, insurance, credit card, loan, forex, dues, check/draft, information management, retirement pension, and B2B; and provides various financial products and services, including personal and corporate product mail, product guide and tree; smart finance; banking, product, and affiliate services; and customer preferential service, as well as financial information for corporate management support, legal support, stock, real estate, and auction/public auction. The company also offers card information/application, card finance loan, My card management, personal and corporate card services, and guide. In addition, it provides customer consultation, financial consumer portal, report loss, information on application for fraudulent use charger, reference room, bank usage information, event, privacy policy, customer verification, system information, door-to door sales, personal inquiry, and loan originator integrated. Further, the company offers electronic financial fraud prevention, security measures, financial transaction precautions, PC security service, overseas IP blocking service, new deposit account designation, service with limited usage time, and delayed transfer; engages in SME, retail, and investment banking; and capital markets. Industrial Bank of Korea was founded in 1961 and is headquartered in Seoul, South Korea.
Key statistics
Avg. volume
1.41M
Market cap
₩15.75T
P/E Ratio
6.10
Price-to-sales ratio
1.40
Enterprise value
₩246.22T
Free cash flow yield
21.52%
Debt-to-equity ratio
7.28
Return on equity
7.45%
ROIC
0.80%
Beta
0.24
Dividend yield
6.37%
Last dividend
₩1,258.00
Financial overview
Revenue
₩3.66T
Earnings per share
₩3,409.56
Free cash flow
₩3.59T
Net profit margin
23.44%
Gross margin
52.22%
EBITDA
₩4.07T
Revenue growth
-82.17%
Similar securities
This is not an investment recommendation
Industrial Bank of Korea for Indian investors
Industrial Bank of Korea is listed on the Korea 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 Industrial Bank of Korea for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm KST
- 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. Industrial Bank of Korea’s current yield is 6.37%.Dividend tax explained
FAQs
Can I buy Industrial Bank of Korea on Paasa?
Industrial Bank of Korea (024110) has been listed on the Korea Exchange since 2000, in the Banks - Regional industry. Industrial Bank of Korea 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 Industrial Bank of Korea share cost in rupees?
One Industrial Bank of Korea share is ₩19,750.00 — about ₹1,428 at a KRW/INR rate of 0.0723 on 7 Oct 2026. Both the Industrial Bank of Korea 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 Industrial Bank of Korea 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 KRW/INR rate on the purchase and the sale date, so the rupee move counts alongside the Industrial Bank of Korea price.
Does Industrial Bank of Korea pay a dividend, and how is it taxed in India?
Yes. Industrial Bank of Korea pays a dividend and the current yield is 6.37%; the last declared dividend was ₩1,258.00 per share, about ₹90.97. Dividends are taxed at your slab rate in India.
When does KRX trade, in Indian time?
The Korea Exchange trades 5:30 am – 12:00 pm IST in Indian time.
Do I have to declare Industrial Bank of Korea 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 Industrial Bank of Korea?
Yes. Industrial Bank of Korea is priced in KRW, so your rupee outcome combines the KRW move with the KRW/INR move between the day you remit and the day you convert back.