Indian Overseas Bank posted a 76% YoY rise in June quarter profit to Rs 1,111 crore, aided by higher recoveries, improved asset quality, lo...

Indian Overseas Bank plans to raise ₹2,000 crore by selling shares to institutional investors, reducing government stake. Q3FY24 net profit...

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...

Net interest margin (NIM), a key profitability parameter, was at 2.43 per cent, lower than 2.57 per cent seen in the year-ago period.

Total income during Q4FY21 rose to Rs 6,073.80 crore as against Rs 5,484.06 crore in Q4FY20, IOB said.

The bank had posted a staggering net loss of Rs 6,075.49 crore in the year-ago quarter. IOB had posted a net profit of Rs 148.14 crore for ...

In March quarter, the bank had a profit of Rs 144 crore, Indian Overseas Bank said in a regulatory filing.

The city-headquartered bank had reported a net loss at Rs 1,985.16 crore during corresponding quarter previous year.

The Public sector bank, which is under the RBI's prompt corrective action (PCA) currently and has been incurring losses for the past 18 qua...

Moody's expect asset quality to remain the key credit weakness for the rated PSBs.

RBI can also use its discretionary powers to sack the bank management, supersede the board, restrict access to deposits, staff expansion, c...

Now, there are attempts to widen the field by not giving a second chance to those who could not make it when the last round of interviews w...

In the first 15 minutes of trade, the Nifty PSU Bank index was trading 1.12 per cent lower at 2,604.10 and all the index stocks were quotin...

IOB tumbled 8% in intraday trade after the lender reported a sharp 95% year-on-year fall in its June quarter net profit.

Net loss is due to increased provisions for domestic and overseas advances and also due to conscious decision by bank in containing its cre...

International rating agency Moody's Investors Service has lowered Indian Overseas Bank's baseline credit assessment (BCA) by two notches fo...

It is too early to get into banks now. That decline of the last 2-3 days was rather intense for banks