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Indian Overseas Bank’s Q1 net registers 3% growth

30 Jul 2011 Evaluate

Indian Overseas Bank has reported results for the quarter ended June 30, 2011.

The bank’s net profit for the quarter ended June 30, 2011 has registered 2.56% growth at Rs 205.58 crore as compared to Rs 200.44 crore for the corresponding quarter of the previous year. Its total Income has increased by 50.28% at Rs 4331.77 crore for the Q1FY12 from Rs 2882.38 crore for the Q1FY11.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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