BUSINESS, Corporate, ENTERTAINMENT, FITNESS & SPORTS, HOME, INDUSTRY, LEGAL, NATION, STATE June 14, 2021

Airoli Sports Association (ASA) running illegal restaurant, bar and banquet hall that defies compliance with Cidco’s original lease agreement, kept under the carpet by Cidco

MUMBAI, 14 JUNE, 2021 (GPN): A Cidco official on condition of anonymity revealed to GPN news network that Cidco had issued an ultimatum to Airoli Sports Association (ASA) almost 3 year back seeking the termination of…

BANKING, BUSINESS, Corporate June 14, 2021

Indian Overseas Bank announces Q4 / FY21 Financial Results

CHENNAI, MUMBAI, 14 JUNE, 2021 (GPN):                                                                                            (Rs. In Crores) 31.03.2021 (Q4)31.03.2020 (Q4)31.03.2021 (12 M)31.03.2020 (12 M)Operating Profit1724119758963534Net Profit / Loss350144831(8527)Deposits240288222952240288222952Gross Advances139597134771139597134771Investments98412820299841282029Business Mix379885357723379885357723CASA1021658975110216589751CASA Ratio42.52%40.26%42.52%40.26%Gross NPA 16323199131632319913Net NPA4578660345786603Net Interest Margin2.22%2.60%2.39%2.03%Gross NPA Ratio11.69%14.78%11.69%14.78%Net NPA Ratio3.58%5.44%3.58%5.44%Cost to Income Ratio49.58%54.43%48.54%59.21%PCR90.34%86.94%90.34%86.94%CRAR15.32%10.72%15.32%10.72%RoE21.33%19.63%13.21%(163.72)RoA0.50%0.20%0.31%(2.95)CD Ratio58.10%60.45%58.10%60.45% The…