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IOB Profit Rises 21% on Loan Growth, Recoveries

January 21, 2025

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The New Indian Express Sambalpur

CHENNAI-based public sector lender Indian Overseas Bank on Monday reported a close to 21% increase in net income at ₹874 crore, boosted by improved asset quality and higher recoveries in the December quarter of the current financial year (FY25) compared to ₹723 crore in the year ago period.

- ENS ECONOMIC BUREAU @Mumbai

The bank's total income climbed more than 13% to ₹8,409 crore from ₹7,437 crore, of which the interest income increased by 15.16% to ₹7,112 crore and the net interest income grew higher 16.30% to ₹2,789 crore.

المزيد من القصص من The New Indian Express Sambalpur

The New Indian Express Sambalpur

The New Indian Express Sambalpur

Frescoes of a Forgotten Facade

This Nawalgarh haveli is a confluence of Rajasthani architecture and European design

time to read

2 mins

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The New Indian Express Sambalpur

1 held for Maha doctor rape, cop on run

Accused sent to police custody till October 28

time to read

1 mins

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The New Indian Express Sambalpur

13 foreign nationals among 20 held as cops raid Gujarat rave party

POLICE raided a farmhouse on the outskirts of Ahmedabad city and arrested 20 people, including 13 African nationals, for allegedly consuming liquor during a late-night party.

time to read

1 mins

October 26, 2025

The New Indian Express Sambalpur

The New Indian Express Sambalpur

Decision to invest in Adani Group companies taken independently: LIC

LIFE Insurance Corporation of India (LIC) on Saturday denied all allegations of infusing money into the Adani Group, as reported by The Washington Post.

time to read

1 min

October 26, 2025

The New Indian Express Sambalpur

Syrup deaths: Regulator blocks info

INDIA faced intense international heat after over 100 children died due to contaminated cough syrups made by three pharma companies in The Gambia and Uzbekistan.

time to read

1 min

October 26, 2025

The New Indian Express Sambalpur

The New Indian Express Sambalpur

'We All Belong to the Same Roots'

Filmmaker Rishab Shetty speaks to Shama Bhagat about the grand prequel, Kantara Chapter 1, and what it's like to wear many creative hats

time to read

3 mins

October 26, 2025

The New Indian Express Sambalpur

The New Indian Express Sambalpur

His Second Shot

Nishil Sheth reflects on his inspiring journey from working in independent cinema to making his OTT debut with 13th

time to read

2 mins

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The New Indian Express Sambalpur

The New Indian Express Sambalpur

The Forgotten Leader

Jaipal Singh Munda was one of the most prolific figures in Indian political and sports history.

time to read

2 mins

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The New Indian Express Sambalpur

TO BELIEVE OR NOT: FIGHTING DISINFORMATION

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time to read

3 mins

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The New Indian Express Sambalpur

The New Indian Express Sambalpur

In Hinduism, Even the Creator was Created

The word Sanantan Dharma used by politicians tries to proclaim that Hinduism is unchanging and the only disruption came because of Muslims and British, and their political opponents.

time to read

3 mins

October 26, 2025

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