Indian Overseas Bank becomes 5th PSU bank to cross Rs 1 lakh crore market capIn Friday's trade, the stock rose over 6.5% to hit a 52-week high at Rs 55.5, backed by heavy volumes on the NSE. A total of 5.71 crore equ...
02 Feb, 2024, 12.29 PM IST
Indian Overseas Bank posts 30% growth in net profit for December quarterChennai-based Indian Overseas Bank recorded a 40 percent growth in net profit for the quarter ended December 2023 on controlling non-perfor...
24 Jan, 2024, 08.01 PM IST
IOB Q3 Results: Net profit soars 22% YoY to Rs 555 cr on rise in NIIThe bank's net interest margin for the quarter improved to 3.27% as against 2.4% in the year-ago period, helped by a 12 basis points fall i...
09 Feb, 2023, 09.04 PM IST
IOB aims to boost advances to retail, MSME, agri, corporate sector in FY23IOB said the asset quality of Public Sector Banks (PSBs) are on an improving trend though some loans are classified as restructured loans u...
27 Jun, 2022, 09.12 AM IST
Indian Overseas Bank Q3 Results: Net profit more than doubles to Rs 454 croreA 30 per cent dip in total provision to Rs 1,065 crore helped the bank report higher profit. Its operating profit, however, fell 12 per cen...
02 Feb, 2022, 05.42 PM IST
Indian Overseas Bank posts two-fold jump in Q4 profit to Rs 350 crTotal income during Q4FY21 rose to Rs 6,073.80 crore as against Rs 5,484.06 crore in Q4FY20, IOB said.
14 Jun, 2021, 04.03 PM IST
Indian Overseas Bank Q3 results: Posts net profit of Rs 213 crThe 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 ...
09 Feb, 2021, 06.01 PM IST
- Making efforts to cut bad loans to come out of PCA framework: Indian Overseas Bank
The Chennai-based lender had returned to black, registering a net profit of Rs 144 crore in the January-March quarter of the fiscal ended M...
02 Aug, 2020, 09.01 PM IST
IOB Q3 results: Lender posts Rs 6,075 crore loss as provisions jump 3 timesThe bank kept aside Rs 6,663.94 as provisions for bad loans in the quarter, which hit its bottom line.
10 Feb, 2020, 03.40 PM IST
Universal Sompo’s rights issue: Promoter banks stay awaySompo holds 26 per cent in the general insurance joint venture.
06 Mar, 2018, 08.09 AM IST
NPAs of 11 PSBs doubled to Rs 2.3L cr in 1 year; provisioning made bottomlines bleedSome PSU lenders reported profits for the quarter, but that came in with up to an 85 per cent drop in their bottom lines on a year-on-year ...
10 Aug, 2016, 04.18 PM IST
IOB shares drop over 6% on disappointing Q3 performanceIOB shares plunged over 6 per cent as the company reported widening of net loss to Rs 1,425.06 crore for the December quarter.
10 Feb, 2016, 05.03 PM IST
- Indian Overseas Bank to come up with $500-million bond issue soon
Last week, SBI raised $1.2 bn from international markets through 5-yr dollar-denominated bond sale, at a coupon of 4.125%.
01 Aug, 2012, 06.08 PM IST
- Banks stay in the growth lane in Q3
Q3 results of most banks have been in green.
29 Jan, 2011, 06.55 AM IST
- IOB Q3 Net soars 2 fold to Rs 232 cr
State-run Indian Overseas bank today reported a over two-fold growth in net profit at Rs 231.66 crore for the third quarter ended December ...
28 Jan, 2011, 05.40 PM IST
- Buy Indian Overseas Bank: Gaurang Shah
The stocked slipped below Rs 160 on Friday. That’s a very comfortable zone to get into IOB.
29 Oct, 2010, 12.49 PM IST
- IOB Q3 net profit grew 24% YoY
Indian Overseas Bank net profit rose 24.88 per cent to Rs 308.19 crore for the quarter ended Dec 31, 2007 compared with Rs 246.78 crore in ...
30 Jan, 2008, 01.21 PM IST