Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a 56% rise in Q2 net profit to Rs 1,912 crore, alongside stronger credit growth and improved asset quality.
Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a 56% rise in Q2 net profit to Rs 1,912 crore, alongside stronger credit growth and improved asset quality. by Soban News (international And National News)