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IOB third quarter profit rises 21% to ₹874 crore

January 21, 2025

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Millennium Post Delhi

State-owned Indian Overseas Bank (IOB) on Monday reported a 21 per cent rise in net profit at Rs 874 crore for the third quarter ended December 2024 on the back of a reduction in bad loans.

NEW DELHI:

The Chennai-based lender had earned a net profit of Rs 723 crore in the same quarter a year ago.

Total income increased to Rs 8,409 crore during the quarter under review from Rs 7,437 crore in the same period last year, IOB said in a regulatory filing.

المزيد من القصص من Millennium Post Delhi

Millennium Post Delhi

SC to examine if cut-off reduction for NEET-PG affects quality of education

Centre defends move, cites large number of vacant seats

time to read

2 mins

February 24, 2026

Millennium Post Delhi

Manipur film ‘Boong’ wins BAFTA for Best Children’s and Family Film

India marked a significant moment at the British Academy of Film and Television Arts awards on Sunday as the Manipuri coming of age film Boong won the BAFTA for Best Children’s and Family Film, Director Lakshmipriya Devi accepted the award by offering a prayer for peace in Manipur, her home state affected by prolonged ethnic violence.

time to read

1 min

February 24, 2026

Millennium Post Delhi

Indian exports hit by 10% US tariff starting today

Indian exporters are preparing for a temporary easing of tariff pressure in the US market after a Supreme Court ruling overturned the Trump administration's earlier sweeping levies, even as uncertainty continues over what rate will ultimately apply.

time to read

2 mins

February 24, 2026

Millennium Post Delhi

Jharkhand: 7 feared dead as air ambulance crashes

An air ambulance flying from Ranchi to Delhi with seven people on board crashed in a forested area near Simaria in Jharkhand's Chatra district on Monday evening, triggering a large-scale search and rescue operation, officials said.

time to read

1 min

February 24, 2026

Millennium Post Delhi

India asks nationals in Iran to leave by available means

Fears rise over possible US military strikes on Iran

time to read

1 mins

February 24, 2026

Millennium Post Delhi

Government exempts tailing recycling in mines from fresh green clearance

NEW DELHI: In a major relief to the mining sector, the government has exempted recycling of tailings within existing mine leases from the need of fresh environmental clearance (EC), according to sources.

time to read

1 min

Delhi 24 February 2026

Millennium Post Delhi

Armed group in Nigeria kills 38 people

Police in Nigeria say 38 people were killed and others were abducted in an attack last week in northwestern Zamfara state.

time to read

1 min

Delhi 24 February 2026

Millennium Post Delhi

Millennium Post Delhi

HZL & Tripura Group ink pact for zinc park development in Rajasthan

NEW DELHI: Vedanta group firm Hindustan Zinc Ltd (HZL) on Monday signed a pact with Tripura Group to operationalise a manufacturing unit at its flagship zinc park in Rajasthan.

time to read

1 min

Delhi 24 February 2026

Millennium Post Delhi

Heated MCD panel meet as member flags civic inaction

A charged Standing Committee meeting of the Municipal Corporation of Delhi (MCD) on Monday saw member Rajpal Singh launch a sharp attack on civic inaction, flagging delays in cow management, mounting pollution and gaps in basic school infrastructure.

time to read

1 min

Delhi 24 February 2026

Millennium Post Delhi

Millennium Post Delhi

First in 2026: Six planets will parade across night sky at end of February

At least one bright planet is visible on most nights, according to NASA

time to read

1 mins

Delhi 24 February 2026

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