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IOB profit jumps 30% to Rs 723 cr
New Delhi: State-owned Indian Overseas Bank (IOB) on Wednesday reported 30 per cent rise in net profit at Rs 723 crore for December quarter 2023-24,...
Indian Overseas Bank saw its market capitalization nearly double...
Indian Overseas Bank saw its market capitalization nearly double during the July-to-September quarter, according to S&P Global Market Intelligence...
IOB net profit rises 28% to Rs 500-cr
NEW DELHI: State-owned Indian Overseas Bank (IOB) on Wednesday posted a 28 per cent increase in net profit at Rs 500 crore in the June quarter, mainly...
Universal Sompo & IOB extend aid to Fire accident victims
Mumbai, July 11 Universal Sompo General Insurance, in alliance with Indian Overseas Bank, expresses deep condolences to the families affected by...
Indian banking sector adequately capitalized: Expert
Further advises state-run lenders to identify stress points including concentration risks and adverse exposures, while utilizing the current...
Loans to cost more as bank raising funds at high rates
Lenders will simply pass on the increased coupon rates to their borrowers, making the lending rates further costlier; Credit offtake rises 18% in...
IOB hikes interest rates on deposits
Hyderabad: State owned Indian Overseas Bank (IOB), said that it has hiked the interest rates on domestic/NRO/NRE and FCNR(B) term deposits. The...
Rotomac under CBI lens for Rs 750-cr bank fraud
Investigating agency books Kanpur-based maker of writing instruments and its directors-Sadhna Kothari and Rahul Kothari-over alleged fraud in Indian...