Indian Overseas Bank (IOB), lead bank for Thiruvananthapuram, has inked pact with Thriveni Ayurveda Hospital and Poovachal village panchayat, in order to conduct a free medical camp collectively, at Poovachal on March 3, 2013. The bank has also decided to open new branch at Poovachal.
The bank has reported 7.60% rise in its net profit at Rs 116.50 crore for third quarter ended December 31, 2012 as compared to Rs 108.27 crore for the same quarter in the previous year. Total income of the bank has increased by 16.58% at Rs 5846.98 crore for quarter under review as compared to Rs 5015.33 crore for the quarter ended December 31, 2011.