Indian Overseas Bank Q1 earnings: Profit hits Rs 1,111 crore; aims 12% annual growth

Indian Overseas Bank (IOB) has announced a record net profit of Rs 1,111 crore for Q1 FY26, a 76% increase year-on-year. Confident in sustaining this growth, IOB targets 12% overall business growth for FY26 and aims to recover Rs 4,500 crore in bad loans.

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