INDIAN OVERSEAS BANK (IOB)
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Indian Overseas Bank to raise $500 million via ECB
The first tranche of $250 million will be raised at 6-6.25% rate in the next couple of weeks, managing director Ajay Kumar Srivastava told ET. "We have decided to go for a staggered ECB mobilisation to make it most cost effective. There is consistent credit demand but mobilising lendable resources at one go and keeping it idle does not make sense," Srivastava said.
Indian Overseas Bank Q2 net profit surges 56% to ₹1,912 crore
Public sector lender Indian Overseas Bank reported a 56 per cent YoY growth in net profit at ₹1,912 crore for the quarter ended September 2026 (Q2FY27) on the back of strong net interest income growth, and partially aided by lower tax outgo in the quarter compared to the year-ago period. Net interest income for the quarter increased by 26 per cent YoY to ₹3,867 crore, and Operating profit also increased by 26 per cent YoY to ₹3,016 crore.
IOB Q2 net profit rises 56% to ₹1,912 crore on higher interest income
Indian Overseas Bank (IOB) on Monday reported a 56 per cent growth in net profit at ₹1,912 crore for the second quarter ended September 30, buoyed by higher interest income. The public sector bank had reported a net profit of ₹1,226 crore in the July-September quarter of last fiscal 2025-26. Interest income of the bank rose 17 per cent to ₹9,201 crore during the September quarter of current fiscal, from ₹7,849 crore in the corresponding quarter of last fiscal.
Indian Overseas Bank Q2 profit rises on strong core income, NPAs ease
Indian Overseas Bank Q2 Results: Strong core income drives profitability, asset quality improves - Published OnOct 26, 2026 | 12:45 IST - Last Updated OnOct 26, 2026 | 12:45 IST In absolute terms, IOB's Gross NPA stood at ₹4,114 crore from ₹4,292 crore in June, while Net NPA stood at ₹543.5 crore from ₹588.4 crore last quarter. State-run Indian Overseas Bank Ltd.
Indian Overseas Bank profit surges 49%
Net profit of Indian Overseas Bank (IOB) grew 49 per cent YoY and stood at ₹1,659 crore for the quarter ended June 2026 (Q1FY27) driven by growth of net interest income, higher recoveries, and lower tax expense. Asset quality of the public sector bank also improved. Net interest income (NII) increased by 34.3 per cent YoY to ₹3,688 crore in Q1FY27.
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