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CARD91, an NPCI-certified partner and payments infrastructure provider, has provided its Prepaid Payment Instrument (PPI) stack to Indian Overseas Bank. The Bank has gone live with RuPay National Common Mobility Card (NCMC) and Gift Card capabilities.
Indian Overseas Bank (BOM:532388) reports a 49.32% increase in net profit, driven by strong operational performance and digital transformation efforts.
Indian Overseas Bank (BOM:532388) reports a 56.18% increase in net profit, improved asset quality, and strategic focus on retail and MSME sectors.
The discussions regarding the consolidation are projected to extend into FY 2027.
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