27-October-2026
Corporate News
 
IOB Q2 profit jumps 56% to Rs 1,912 crore
27-Oct-2026

Indian Overseas Bank (IOB) on Monday reported a 56% year-on-year jump in net profit to ?1,912 crore for the second quarter of FY27. It was supported by strong growth in core interest income, lower operating expenses and a sharp decline in tax expenses.

News Source:- https://www.financialexpress.com/business/banking-finance-iob-q2-profit-jumps-56-to-rs-1912-crore-lender-raises-fy27-growth-guidance-4369728/