Indian Overseas Bank Posts ₹11.11 Billion Profit in Q1, Asset Quality Hits Multi-Year Best

Unknown Apr 02, 2026 2 Views

Indian Overseas Bank (IOB) has reported a strong financial performance for the June quarter of FY26, with net profit rising to ₹11.11 billion. The bank’s asset quality continues to improve, with gross NPA falling to 1.97 percent, supported by prudent provisioning and robust interest income....