Tag: PSU bank results India
BANKING & FINANCE Indian Overseas Bank Profit Up 43% On Income Rise, Lower Credit Costs

Public sector lender Indian Overseas Bank (IOB) reported a sharp 43.2% year-on-year jump in net profit to ₹1,505 crore for the March quarter, compared to ₹1,051 crore in the same period last year. The earnings surge reflects a combination of steady income growth, lower credit costs, and continued gains in asset quality. Net Interest Income […]

CW Bureau · Apr 29, 2026
BANKING & FINANCE Margin Gains, Asset Quality Strength Anchor Indian Bank’s Steady Growth

Chennai-headquartered Indian Bank delivered a measured yet fundamentally strong performance in the March quarter of FY26, with profitability, margins, and asset quality all trending in the right direction, even as topline growth remained moderate. Profitability holds firm, supported by core income growth The bank reported a 4.97% YoY rise in net profit to ₹3,103 crore […]

CW Bureau · Apr 29, 2026