Indian Overseas Bank’s curiosity revenue stood at Rs 5,821 crore for the quarter ended September 30, 2023.
IOB’s gross NPA ratio improved to 4.74 per cent within the second quarter of this fiscal, from 8.53 per cent in the identical interval of 2022-23 fiscal
Indian Overseas Bank (IOB) on Friday posted a 25 per cent progress in its web revenue to Rs 625 crore in the course of the second quarter ended September 30, 2023. Its curiosity revenue throughout July-September 2023 stood at Rs 5,821 crore for the quarter ended September 30, 2023.
The state-owned lender had posted a web revenue of Rs 501 crore within the yr-in the past interval.
IOB’s gross NPA ratio improved to 4.74 per cent within the second quarter of this fiscal, from 8.53 per cent in the identical interval of 2022-23 fiscal. Its complete enterprise improved to Rs 4.82 lakh crore.
Shares of IOB had been buying and selling 4.74 per cent greater at Rs 40.22 apiece on the BSE.
