ALPHA TRIBE

Indian Overseas BankUpdates, 28-11-2025: General Updates

28-11-2025 | 04:19 pm

Indian Overseas Bank exhibits strong financial momentum with H1 FY26 Net Profit of ₹2,337 Cr, RoE 19.4%, and RoA 1.2%. Asset quality greatly improved: GNPA 1.83%, NNPA 0.28%. Digital transformation is enhancing operational efficiency and customer engagement. Strategic tie-up in non-life insurance business via 18% stake in Universal Sompo.

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