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Indian Overseas Bank logs record profit
Business Standard
|October 17, 2025
Chennai-based Indian Overseas Bank (1OB) posted a61 percentrise in net profit for the second quarter of 2025-26 (Q2FY26) to an all-time high of %1,258.82 crore, driven mainly bya rise in interest income and improved asset quality.
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‘The bank's total operating income for the period increased by 15 per cent to 7,850.89 crore in Q2 as against %6,853.94 crore in QaFY25. “Since our credit and interest income increased, net profit also increased,” Ajay Kumar Srivastava, managingdirectorand chiefexecutiveof
Cette histoire est tirée de l'édition October 17, 2025 de Business Standard.
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