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IOB Profit Rises 21% on Loan Growth, Recoveries
The New Indian Express Villupuram
|January 21, 2025
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.
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.
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FLERE HISTORIER FRA The New Indian Express Villupuram
The New Indian Express Villupuram
Zubeen's secy, festival organiser among 4 charged with murder
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The New Indian Express Villupuram
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The New Indian Express Villupuram
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1 mins
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The New Indian Express Villupuram
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3 mins
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The New Indian Express Villupuram
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The New Indian Express Villupuram
House truth: Gujarat’s road safety gap widens
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1 mins
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The New Indian Express Villupuram
Ops to hunt terrorists in Jammu forests
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1 min
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The New Indian Express Villupuram
ED raids in three states in illegal cough syrup case, UP action on big stockists
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1 min
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The New Indian Express Villupuram
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Indian nationals anxious with change in laws
1 min
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The New Indian Express Villupuram
MNREGA gets new name, 125 days of employment
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1 mins
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