ALPHA TRIBE

Indian Overseas BankUpdates, 20-07-2026: Press Release

20-07-2026 | 02:30 pm

IOB’s Q1 FY27 financial results show strong growth. Net Profit soared 49.32% to ₹1,659 Cr, NII up 34.30%. Total Credit grew 22.75%. Asset quality significantly improved: Gross NPA at 1.33%, Net NPA at 0.18%, with a historic low slippage ratio.

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