ALPHA TRIBE

Indian Overseas BankBoard Meeting, 16-10-2025: Outcome of Board Meeting

16-10-2025 | 12:25 pm

IOB's board met on Oct 16, 2025, approving Q2/H1 FY26 consolidated results. Net Profit hit ₹1258.82 Cr for Q2 (₹2437.27 Cr H1). Gross NPA improved to 1.83%, and Net NPA to 0.28%. Strategic updates included a JV winding up and a regional bank amalgamation.

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