Indian Overseas Bank posts a 76% YoY profit surge to Rs 1,111 crore in Q1, driven by lower provisions and higher other income. Asset quality improves, loan growth expected at 12-13%.

India Business News: Indian Overseas Bank (IOB) witnessed a significant surge in net profit for the quarter ended June 2025, reporting Rs 1,111 crore, a 76% YoY increase.

Indian Overseas Bank plans to raise Rs 4,000 crore this financial year through QIP, reducing government shareholding to 90%. Q1 net profit jumped 76% to Rs 1,111 crore.

Indian Overseas Bank Q1 Results: Higher other income aids PAT, asset quality improves Indian Overseas Bank's provisions declined to ₹844 crore at the end of June, from ₹1,063 crore in March. Lower ...

Wipro Ltd., Axis Bank Ltd., The Indian Hotels Co., and HDFC Asset Management Co. are among the top companies on brokerages' radar on Friday. Analysts have shared their views on the June quarter ...

The Thrissur based South Indian Bank is working on to launch a fully digital bank—similar to offerings from some other new generation banks.

Why the U.S. must prosecute any Israeli-American who participates in the killing of Palestinian-Americans in the West Bank.

The South Indian Bank on Thursday reported a 10 per cent increase in its first quarter profit to ₹322 crore as against the ₹294 crore reported in the same period last year. However, the shares of the ...

South Indian Bank reported a 10% increase in net profit to Rs 322 crore for Q1 2025, despite a 4% decline in net interest income.

South Indian Bank on Thursday reported a 10 per cent rise in profit to Rs 322 crore during the first quarter. The Kerala-based bank had a net profit of Rs 294 crore in the same quarter of previous ...

Pakistani bird sellers face account freezes after selling parrots to a journalist critical of the state.

Indian Overseas Bank has announced a 50 basis point reduction in its Marginal Cost of Funds-based Lending Rates, effective immediately. This change affects all loan tenures, with rates now ranging ...