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IOB EARNINGS ANNOUNCEMENT
FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIsFollowing RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...
Lending rates moving lower to raise pressure on bank NIMsBankers said the move will delay margin recovery since they cannot cut deposit rates sharply due to stiff competition from alternative inve...
Banks getting it right, net interest margins on the mendEight of the 24 banks reporting Q2 earnings have seen sequential improvements in net interest margins (NIMs), signaling a potential bottomi...
PSU bank stocks sink up to 40% in 2025. Can SBI’s market leadership, policy tailwinds drive a comeback?PSU bank stocks have underperformed in 2025, with several falling sharply despite decent Q4 earnings and macro tailwinds. SBI's results and...
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 crore, up from ₹874 crore in Q3FY25...
Q4 results today: Marico, IOB among 37 companies to announce earnings on FridayMarico and IOB are among 37 companies set to announce Q4 earnings on Wednesday. Analysts anticipate Marico's revenue to rise by 17% YoY, dr...
IOB plans to dilute govt's stake by up to 2.5% to raise Rs 2,000 croreIndian Overseas Bank plans to raise ₹2,000 crore by selling shares to institutional investors, reducing government stake. Q3FY24 net profit...
Q2 review: 14 stocks in BSE PSU index rebound from 52-week lows, 5 turn multibaggers14 BSE PSU index stocks rebounded from 52-week lows after Q2FY25 earnings, with five emerging as multibaggers. NALCO led profit growth, whi...
Banks face pressure on NIM as they lower rates to outsmart rivalsFive of the seven state-owned banks that have announced their quarterly earnings so far have reported lower NIM for the September quarter. ...
The week that was: PSUs shine in Budget’s afterglow; Vi suffers most in 1 yearThe Nifty50 and BSE Sensex indices fell over 1 per cent each for the week as some investors saw the opportunity to take some profits.
Allahabad Bank looks to sell stake in Universal SompoAt present, Allahabad Bank holds 28.52% in the JV while overseas partner Sompo Japan is the largest shareholder with 34.61% interest.
Sensex rises 200 points, Nifty tops 10,900; YES Bank soars 10%BSE Midcap and Smallcap indices climbed up to 0.39 per cent.
Higher provisioning hits Canara, IOB in Q4Canara Bank deposits have almost remained constant at Rs 4.8 lakh crore, advances have gone down by Rs 10,000 crore to Rs 3.2 lakh crore fr...
S&P assigns 'BB+' rating with stable outlook to IOBStandard & Poor's (S&P) today assigned Indian Overseas Bank (IOB) a rating of 'BB+', a notch below investment grade, with stable outlook.
Indian Overseas Bank shares slump over 10.5% on Q3 lossNet loss is due to increased provisions for domestic and overseas advances and also due to conscious decision by bank in containing its cre...
Indian Overseas Bank posts net loss of Rs 516 crore in Q3 on higher provisionIndian Overseas Bank today reported a net loss of Rs 516.03 crore for the quarter ended December 2014 due to higher provisions for bad loan...
- IOB Q4 net profit declines at Rs 58.60 crore
Indian Overseas Bank today reported a decline in its fourth quarter net profit at Rs 58.60 crore, against Rs 528.88 crore earned during the...
- Indian Overseas Bank Q1 net profit up 13.5% at Rs 233.43 crore
The total business during April-June, 2012 grew by 23.28% to Rs 3,33,248 crore from Rs 2,70,320 crore as on June 30, 2011.
- IOB Q2 net up 0.63 pc at Rs 207.46 crore
Public sector lender Indian Overseas Bank (IOB) has posted a marginal jump of 0.63 per cent in net profit to Rs 207.46 crore for the second...
- Indian Overseas Bank (IOB), Punjab & Sind Bank, Corporation Bank and others hike lending, deposit rates
Several banks including IOB, Corporation Bank have raised lending rate by up to 50 basis points in line with other lenders.