Indian Overseas Bank reports standalone net loss of Rs 1450.50 crore in the June 2016 quarter

Total Operating Income decline 15.02% to Rs 5215.54 crore

Net loss of Indian Overseas Bank reported to Rs 1450.50 crore in the quarter ended June 2016 as against net profit of Rs 14.76 crore during the previous quarter ended June 2015. Total Operating Income declined 15.02% to Rs 5215.54 crore in the quarter ended June 2016 as against Rs 6137.27 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Total Operating Income5215.546137.27 -15 OPM %35.8667.88 -PBDT-1447.26-107.26 -1249 PBT-1447.26-107.26 -1249 NP-1450.5014.76 PL

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