Try GOLD - Free
IOB reports all-time high profit of ₹1,226 crore, asset quality improves
The New Indian Express Thiruvananthapuram
|October 17, 2025
PUBLIC sector Indian Overseas Bank reported a 58% rise in net profit to ₹1226 crore in Q2 FY26 compared to ₹777 crore in the same period last year, recording its all-time highest profit.
It is mainlydriven by higher net interest income, which increased by 20.59% to ₹3,059 crore, and improved recovery of assets. The bank's operating profit stood at ₹2,400 crore, increased by ₹272 crore in Q2FY26 as against ₹2128
This story is from the October 17, 2025 edition of The New Indian Express Thiruvananthapuram.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Thiruvananthapuram
The New Indian Express Thiruvananthapuram
INDIA CHOKES AS POWER PLAYS ON
POWER & POLITICS
5 mins
December 14, 2025
The New Indian Express Thiruvananthapuram
Shiprocket files for ₹2,342 crore public offering
E-COMMERCE enablement platform Shiprocket has filed for %2,342-crore initial public offering (IPO) with market regulator Sebi.
1 min
December 14, 2025
The New Indian Express Thiruvananthapuram
Tax dept intensifies action against fake deductions
THE tax department has intensified its action against bogus claims of deductions and exemptions under the Income Tax Act, using a data-driven approach to identify suspicious filings and intermediaries facilitating tax evasion.
1 min
December 14, 2025
The New Indian Express Thiruvananthapuram
LAST-MILE GAPS: POLITICAL OPTICS & GROUND REALITIES
HOW do grand declarations of change get lost as they journey through the corridors of power?
4 mins
December 14, 2025
The New Indian Express Thiruvananthapuram
SURPRISE, SURPRISE!
Riding a strong anti-incumbency wave, Congress-led UDF scores big in local body elections LDF loses four city corporations it held BJP takes Thiruvananthapuram
2 mins
December 14, 2025
The New Indian Express Thiruvananthapuram
Mess in Bengal, grace in Hyd
No glimpse of star leads to paying public rage
1 mins
December 14, 2025
The New Indian Express Thiruvananthapuram
The Wars Behind the War
Even before the first shots of 1971 were fired, India was quietly arming and training the Mukti Bahini as Pakistani troops unleashed a campaign of rape and mass murder across East Bengal. With the US firmly backing Pakistan, Indira Gandhi openly cocked a snook at Washington—turning diplomacy into defiance and resolve into battle
6 mins
December 14, 2025
The New Indian Express Thiruvananthapuram
The Archaeology of Tomorrow
Sri Lanka-born artist Ramesh Mario Nithiyendran digs through memory, myth, and clay to sculpt a speculative future
3 mins
December 14, 2025
The New Indian Express Thiruvananthapuram
Allahabad HC sets aside maintenance order in favour of working wife
THE Allahabad HC has set aside an order passed by a lower court of Gautam Buddh Nagar mandating a man to pay maintenance to his estranged wife.
1 mins
December 14, 2025
The New Indian Express Thiruvananthapuram
Israel claims killing of top Hamas commander in Gaza
ISRAEL on Saturday said it killed a top Hamas commander in Gaza after an explosive device detonated and wounded two soldiers in the territory’s south.
1 min
December 14, 2025
Listen
Translate
Change font size