Indian Overseas Bank reported a standout September-quarter performance, with net profit surging about 58% year-on-year to roughly ₹1,226 crore, aided by stronger net interest income and operating leverage. The public-sector lender also posted sequential improvement in asset quality, reflecting better recoveries and restrained slippages. Management commentary highlighted a cautious approach to unsecured lending, stable credit costs, and a continued focus on retail and MSME growth. With capital ratios comfortable and liquidity adequate, the bank guided for steady loan growth into H2, while monitoring deposit repricing and competitive pressures in the wider system.