IOB Q1 net rises 49.32% to ₹1,659 crore

Indian Overseas Bank (IOB) reported a 49.32% increase in net profit to ₹1,659 crore for the quarter ending June 2026. The bank's net interest income rose by 34.30% to ₹3,688 crore, reflecting strong growth in its domestic and global net interest margins. Total business also grew by 17.72% to ₹6,98,325 crore, indicating robust operational performance.

Read the source (The Hindu Business)

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