Indian Overseas Bank Q3 net zooms 24.88 pc

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New Delhi, Jan 30: Indian Overseas Bank (IOB) today said its net profit has increased to Rs 308.18 crore for the quarter ended December 2007, registering a 24.88 per cent hike against Rs 246.78 crore during the same period previous year.

The bank said in a statement that its total income has posted a 42.73 increase at Rs 2,295.34 crore for the quarter ended December 2007, as compared to Rs 1,608.07 crore over the same period a year ago.

UNI