Poging GOUD - Vrij
Indian Overseas Bank net profit rises 21% on better asset quality, recoveries
The Morning Standard
|January 21, 2025
CHENNAI-based public sector lender Indian Overseas Bank has reported a close to 21% increase in net income at ₹874 crore for the December quarter of the current financial year (FY25), boosted by improved asset quality and higher recoveries.
-
In the year ago period, the public sector lender had earned ₹723 crore in net income.
In an earnings call on Monday, Ajay Kumar Srivastava, managing director and chief executive of the bank, told reporters that the bank's total income climbed more than 13% to ₹8,409 crore from ₹7,437 crore, of which the key interest income increased by 15.16% to ₹7,112 crore and the net interest income grew higher 16.30% to ₹2,789 crore.
Dit verhaal komt uit de January 21, 2025-editie van The Morning Standard.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Morning Standard
The Morning Standard
DAUGHTER QUITS LALU FAMILY, POLITICS
A day after the Rashtriya Janata Dal-Congress-led Mahagathbandhan’s crushing defeat in the Bihar Assembly elections, a feud erupted within RJD leader Lalu Prasad’s family, with his daughter Rohini Acharya announcing that she was quitting politics and severing all ties with the family.
1 min
November 16, 2025
The Morning Standard
MAMDANI’S MULTITUDES, INDIA’S SOFT POWER
I contain multitudes,” wrote Walt Whitman, and in Zohran Mamdani’s story, those multitudes seem to acquire living form.
3 mins
November 16, 2025
The Morning Standard
LUXURY HOMES ON TAP BUT ‘HOUSING’ IN CRISIS
IT is only the rich who seem to be buying homes.
3 mins
November 16, 2025
The Morning Standard
Samson to CSK, Jadeja RR dominates buzz; KKR brace for auction
THE trading window of the Indian Premier League has shown signs of maturity as the league grew over the years.
1 mins
November 16, 2025
The Morning Standard
A Lot can Happen Over Coffee
Coffee raves flip nightlife on its head—dawn parties fueled by beats, brews, and buzzworthy energy
3 mins
November 16, 2025
The Morning Standard
IT'S A NEW SEASON, NEW SPREAD AT LADUREE
Ladurée is ushering in the season with a fresh and indulgent menu at its Khan Market salons, blending global favourites with signature French flair.
1 min
November 16, 2025
The Morning Standard
BJP says Bihar results to impact Bengal polls, TMC debunks claim
TMC cites Didi's women schemes to counter saffron party, says SIR won't have any impact
2 mins
November 16, 2025
The Morning Standard
WHO norms on diabetes during pregnancy out
THE World Health Organization (WHO) has released its first global guidelines for the management of diabetes during pregnancy, a condition affecting about one in six pregnancies — or 21 million women annually.
1 mins
November 16, 2025
The Morning Standard
1.9K cr projects on birth anniv of Birsa Munda
CHIEF Minister Mohan Charan Majhi unveiled development projects worth ₹1,955 crore in Sundargarh district on the occasion of Janjatiya Gourav Divas celebration, marking the 150th birth anniversary of legendary tribal freedom fighter Birsa Munda, at Rourkela on Saturday.
1 mins
November 16, 2025
The Morning Standard
HC judge quits as Pakistan's judicial crisis escalates
JUDICIAL crisis in Pakistan deepened on Saturday with a senior judge of Lahore High Court following suit of two Supreme Court judges who resigned protesting the ‘assault on the constitution and judiciary’ through a new constitutional amendment.
1 min
November 16, 2025
Listen
Translate
Change font size
