Indian Overseas Bank’s profit jumps 33 pc in the second quarter | Biden News

Indian Overseas Bank’s profit jumps 33 pc in the second quarter

 | Biden News

[ad_1] Indian Overseas Bank posted a 33 per cent rise in net profit to Rs 501.34 crore for the quarter ended September, against Rs 376.41 crore during the corresponding quarter of the previous year (Q2FY22). The Chennai-headquartered lender said its total revenue grew 15 percent year-on-year to Rs 5,852.45 crore, against Rs 5,090.72 crore in … Read more

Punjab & Sind Bank’s net profit rises 27pc to Rs 278 crore in July-September. | Biden News

Punjab & Sind Bank’s net profit rises 27pc to Rs 278 crore in July-September.

 | Biden News

[ad_1] Public sector lender Punjab & Sind Bank on Saturday said its net profit rose 27 percent to Rs 278 crore in the second quarter of FY23 due to a reduction in bad loans. The bank reported a profit of Rs 218 crore in the year-ago period. The bank’s total income during the … Read more