Net profit of Indian Overseas Bank rose 24.31% to Rs 779.62 crore in the quarter ended September 2024 as against Rs 627.18 crore during the previous quarter ended September 2023. Total Operating Income rose 17.67% to Rs 6853.94 crore in the quarter ended September 2024 as against Rs 5824.90 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income6853.945824.90 18 OPM %53.4451.43 - PBDT984.35635.50 55 PBT984.35635.50 55 NP779.62627.18 24 Powered by Capital Market - Live News

Indian Overseas Bank will hold a meeting of the Board of Directors of the Company on 17 October 2024.Powered by Capital Market - Live News

Indian Overseas Bank has increased the Base Rate by 10 bps to 10.00% with effect from 15 August 2024. Powered by Capital Market - Live News

Indian Overseas Bank has revised the MCLR with effect from 15 August 2024 as under: TenorMCLR (%) Change Overnight8.20  --  One month 8.45 +5bps Three month   8.60+5bpsSix month  8.85+5bps  One year  9.00+5bps  Two year   9.00+5bps   Three year   9.15+10bps Powered by Capital Market - Live News

Indian Overseas Bank announced the nomination of Neelam Agrawal (Director, Government of India, Ministry of Finance, Department of Financial Services) as Director on the Board of Indian Overseas Bank with immediate effect vice Shri Kartikeya Misra.Powered by Capital Market - Live News