BANKING & FINANCE
IOB Q2 Net Profit Jumps 56% To ₹1,912 Cr As Advances Grow 24%
Chennai-based public sector lender Indian Overseas Bank (IOB) reported a 55.95% year-on-year increase in net profit to ₹1,912 crore for the second quarter of FY27, against ₹1,226 crore in the corresponding quarter last year, supported by strong net interest income growth, improving asset quality and expansion in advances. Net interest income (NII) rose 26.41% year-on-year […]
