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IOB RESULTS
Stocks in news: Bajaj Finance, Eternal, Airtel, Maruti Suzuki, Adani PowerMarkets experienced a volatile session, closing weaker on Tuesday due to the monthly derivatives expiry. Analysts note the Nifty is attempt...- Indian Overseas Bank Q1 profit shoots up 76% YoY to Rs 1,111 crore on recoveries, lower provisionsIndian Overseas Bank posted a 76% YoY rise in June quarter profit to Rs 1,111 crore, aided by higher recoveries, improved asset quality, lo...
- IOB Q4 profit jumps 30% to Rs 1,051 crore on lower employee costIndian Overseas Bank reported a 30% YoY rise in Q4 profit to ₹1,051 crore, aided by lower employee costs, improved margins, better asset qu...
- 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...
- 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...
- Indian Overseas Bank clocks 58% rise in Q4 net profit at Rs 552 croreWe aim to achieve a 25% year-on-year rise in net profit every quarter this fiscal," managing director Partha Pratim Sengupta said."There is...
- IOB Q2 results: Net profit jumps 2.5x to Rs 376 croreNet 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.
- IOB Q1 results: Net profit jumped nearly three-fold to Rs 327 crIts provision coverage ratio is as high as 91.56 per cent, improved from 90.3 per cent three months back. It has restructured loans worth R...
- 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.
- RBI’s tighter norms may not hit PSU banks immediatelyRBI can also use its discretionary powers to sack the bank management, supersede the board, restrict access to deposits, staff expansion, c...
- IOB to shut 10 regional offices to improve efficiencyIOB today said it will rationalise the number of its regional offices by closing 10 such offices to improve efficiency.
- Indian Overseas Bank's Rs 3,000 crore loans cleared in H1 under finance ministry scannerThe finance ministry is looking into loans worth Rs 3,000 crore that Indian Overseas Bank (IOB) paid out in the first half of this year.
- Indian Overseas Bank's rating may face pressure if credit profile weakens: S&PStandard & Poor's today said the rating of Indian Overseas Bank (IOB) could face downward pressure if the corrective action taken by RBI re...
- 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...
- Indian Overseas Bank Q1 net profit up 13.5% at Rs 233.43 croreThe 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.
- Indian Overseas Bank expects capital infusion of up to Rs 1,450 cr from governmentOverseas Bank is expecting a capital infusion of up to Rs 1,450 crore from the government by February 2012, a top official said here today.
- Indian Overseas Bank: A good stock to pick in current market scenarioLow valuations and sober quarterly results, coupled with the expected volatility due to the upcoming RBI review meet, make the stock a good...
- Indian Overseas Bank's $1 billion MTN sale plan oversubscribedIOB received response from over 100 overseas investors for the MTN plan. The notes will be listed on the Singapore Stock Exchange.
- Govt stake in IOB up from 61.23 to 65.87 per centOn March 22, 2011, bank shareholders at their Extraordinary General Meeting, had given their approval for allotment of equity shares to Gov...
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