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Saturday, May 12, 2012

Indian Overseas Bank, IOB net profit rises 22% to Rs 529 crore for 2011-12, Latest Stock Price


Indian Overseas Bank, IOB net profit rises 22% to Rs 529 crore for 2011-12, Latest Stock Price
IOB

Indian Overseas Bank (IOB) has posted an increase of 21.76 per cent in net profit at Rs 528.81 crore for the quarter ended March 31, against Rs 434.29 crore registered during the year-ago period. Total income stood at Rs 5,416.09 crore for the quarter ended March,compared with Rs 3,916.58 crore posted for the corresponding period of last year, an increase of 38.29 per cent.

The total business for 2011-12 grew to Rs 3,21,707 crore from Rs 2,59,020 crore during the previous year. The net non-performing assets (NPA) stood at Rs 1,907.44 crore,as against Rs 1,328.42 crore as on March 31, 2011, with net NPA ratio of 1.35 per cent and 1.19 per cent, respectively.

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4 comments:

Johnmark1478 said...

Among all the banks this Indian bank id getting many profit from the users.But without registration no one can post their money here so that they can bear the all expenses at a time.







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Unknown said...

stock tips 8 apparel manufacturing centers to be set up in Northeast.

stock tips said...

SBI Q4 net rises to Rs 3742 cr, asset quality improves.

Regards--
stock tips

Sonal Jain said...

• Petrol price hiked by Rs 1.39 per litre, diesel by Rs1.04 per litre.
• Govt extends import of duty-free raw sugar till June 30.
• Federal Bank plans to sell 26% stake in its nonbanking arm to raise Rs 400-500 crore
CapitalStars

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