Brief: Indian Overseas Bank March-Quarter Net Profit Rises

Indian Overseas Bank

12/05/2023 14:47

May 12 (Reuters) - Indian Overseas Bank  IOBK.NS :
    * INDIAN OVERSEAS BANK MARCH-QUARTER NET PROFIT 6.5 BILLION RUPEES VERSUS
PROFIT
5.52 BILLION RUPEES
    * INDIAN OVERSEAS BANK MARCH-QUARTER INTEREST EARNED 51.92 BILLION RUPEES
VERSUS
42.15 BILLION RUPEES
    * INDIAN OVERSEAS BANK MARCH-QUARTER PROVISIONS AND CONTINGENCIES 9.96
BILLION
RUPEES VERSUS 10.14 BILLION RUPEES
    * INDIAN OVERSEAS BANK MARCH-QUARTER GROSS NPA 7.44% VERSUS 8.19% PREV
QUARTER
    * INDIAN OVERSEAS BANK MARCH-QUARTER NET NPA 1.83% VERSUS 2.43% PREV QUARTER
    * INDIAN OVERSEAS BANK -  APPROVED RAISING OF EQUITY CAPITAL OF UPTO 10
BILLION
RUPEES
    * INDIAN OVERSEAS BANK -  APPROVED RAISING OF TIER II CAPITAL OF UPTO 10
BILLION
RUPEES

Source text for Eikon:  ID:nBSEbWnn30 
Further company coverage:  IOBK.NS 

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