- Indian Overseas Bank clocks 58% rise in Q4 net profit at Rs 552 crore
We aim to achieve a 25% year-on-year rise in net profit every quarter this fiscal," managing director Par ...More
We aim to achieve a 25% year-on-year rise in net profit every quarter this fiscal," managing director Partha Pratim Sengupta said."There is no negative impact on lending growth after the 40 basis points rise in repo rate," he said. RBI reversed its easy rate cycle in an off-cycle monetary policy meeting earlier this month reacting to the sharp rise in inflation. ...Less

- Indian Overseas Bank Q4 results: PAT jumps 30% YoY to Rs 1,051 crore, NII up 13%
IOB Q4 results: On a sequential basis, the state-run lender’s profit after tax (PAT) rose 20% to ₹1,049 c ...More
IOB Q4 results: On a sequential basis, the state-run lender’s profit after tax (PAT) rose 20% to ₹1,049 crore, up from ₹874 crore in Q3FY25. Interest earned grew 7% from ₹7,112 crore in the previous quarter, while interest expended increased 4% over ₹4,323 crore. ...Less
