Chennai, India,  – Indian Overseas Bank(IOB) has reported a significant increase in its financial performance for the quarter, with net profit rising by 26.60% to ₹633 crores, compared to ₹500crores in the same period last year. This robust growth reflects the bank’s strong operational efficiencies and strategic initiatives. Key financial highlights include: Operating Profit: Increased by 24.61% to ₹1,676crores from ₹ 1,345 Crores Total Business: Surged by 16.04% to ₹5,28,773crores, with deposits at ₹2,98,681 crores andadvances at ₹2,30,092 crores. CASA (Current Account Savings Account): Improvedto ₹1,25,947 crores from ₹ 1,16,694 Crores, stood at 42.17 %. The bank’s asset quality also showed markedimprovement: Control of Slippage: Reduced to₹277 Crores Slippage Ratio:Improved by 18 basis points to0.13%. Gross Non-Performing Assets (NPA): Declined to2.89% as against 3.10% in March 2024, 7.13% asof June 2023 Net NPA: Decreased to 0.51% as against 0.57% asin March 2024, 1.44% as of June 2023 Provision Coverage Ratio (PCR): Improved to96.96%. from 94.03% as of June 2023.

While the pitter-patter of raindrops brings a refreshing relief from the scorching heat, the monsoons also invite a whole new set of challenges. Excessive rainfall increases the moisture level in the air, making your home floors the breeding ground for germs, pests, and bacteria. In the quest to create a safe, hygienic haven for our families, ITC Nimyle, a …

Chennai, July 22, 2024…Groom India Salon & Spa, better known as Naturals Salon, is pleased to announce the appointment of Mr. Sanjay Enishetty as the new Chief Executive Officer, effective immediately. Mr. Enishetty is a seasoned professional with over 18 years of extensive knowledge and hands-on experience in the investments …