Indian Overseas Bank gains on upbeat Q1 results
20/07/2026 08:47
BUZZ-Indian Overseas Bank gains on upbeat Q1 results ** Shares of Indian Overseas Bank IOBK.NS climb 4.4% to 35.02 rupees
** Lender reports 49.3% Y/Y surge in Q1 net profit; net interest income up 34.3% Y/Y
** IOBK's asset quality also improves to 1.33% from 1.42% last quarter
** Stock among top 3 gainers on PSU banks index .NIFTYPSU which is up 1.8%
** YTD, IOBK down 3.4% vs NIFTYPSU's 0.08% climb
(Reporting by Kashish Tandon in Bengaluru)
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