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Thursday, October 17, 2024

Indian Overseas Bank Q2 profit rises 24% to Rs 777 crore

Indian Overseas Bank reported a 24% rise in net profit to Rs 777 crore for Q2 FY24, up from Rs 625 crore a year earlier. Total income grew to Rs 8,484 crore, while interest income climbed to Rs 6,851 crore. Improved asset quality saw gross NPAs fall to 2.72% and net NPAs drop to 0.47%.

from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yoMRsZp

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