{"id":7323,"date":"2024-01-24T13:47:51","date_gmt":"2024-01-24T13:47:51","guid":{"rendered":"https:\/\/financeintellect.com\/home-page\/home\/?p=7323"},"modified":"2024-01-24T13:47:53","modified_gmt":"2024-01-24T13:47:53","slug":"indian-bank-iob-profits-rise-in-q3-results","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/indian-bank-iob-profits-rise-in-q3-results\/","title":{"rendered":"Indian Bank & IOB profits rise in Q3 results"},"content":{"rendered":"\n

Mumbai, The Indian Bank<\/a> on Wednesday reported a jump of 52 per cent in its net profit at Rs 2,119 crore in the December quarter, on the back of improvements in core income and a reduction in bad loans.<\/p>\n\n\n\n

During the same period a year ago, the Indian Bank had earned a net profit of Rs 1396 crore.<\/p>\n\n\n\n

The operating profit of the Bank was flat at Rs 4097 crore as against Rs 4061 crore in December 2022.<\/p>\n\n\n\n

In another development, Indian Overseas Bank<\/a> reported 30 per cent increase in its. Net profit at Rs 723 crore for December quarter 2023-24. The Bank had earned a net profit of Rs 555 crore in the same quarter a year ago.<\/p>\n\n\n\n

Operating profit of the bank improved to Rs 1780 crore as against Rs 1540 crore in December 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"

Indian Bank & IOB profits rise in Q3 results<\/p>\n","protected":false},"author":3,"featured_media":7324,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,31],"tags":[4500,3638,239],"class_list":["post-7323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-and-politics","category-news","tag-indian-bank","tag-indian-overseas-bank","tag-rbi"],"aioseo_notices":[],"yoast_head":"\nIndian Bank & IOB profits rise in Q3 results - Finance Intellect<\/title>\n<meta name=\"description\" content=\"Indian Bank & IOB profits rise in Q3 results\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeintellect.com\/home-page\/home\/indian-bank-iob-profits-rise-in-q3-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indian Bank & IOB profits rise in Q3 results - 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