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From The New Indian Express

Center Owned by Express Publications (Madurai) Ltd.

Indian Overseas Bank reports profit of Rs1,912 crore

Indian Overseas Bank reports profit of Rs1,912 crore

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Chennai-based Indian Overseas Bank (IoB) on Monday reported a 56% rise in net profit at Rs1,912 crore for Q2FY27, buoyed by higher interest income. The public sector bank had reported a net profit of Rs1,226 crore in the July-September quarter of last fiscal. Interest income of the bank rose 17% to…

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