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Indian Overseas Bk Q1 net dips 46%, provisions spike

Public sector lender - Indian Overseas Bank (IOB) reported a sharp fall of 46 percent year-on-year in its first quarter (April-June) net profit at Rs 126 crore, dented by a 62 percent spike in provisions and contingencies to Rs 843 crore.

first published: Jul 25, 2013 02:38 pm

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