Fri, Oct 27, 2023
State-run Indian Overseas Bank (IOB) reported a strong set of financial results for the July-September period on October 27.
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Fri, Feb 17, 2023
IOB: Profit up 22.3% to ₹555.2 crore. What were the reasons for the decline in NPAs? What are the plans regarding capacity expansion? Watch Swati Khandelwal's exclusive conversation with Jay Kumar Srivastava, MD & CEO, Indian Overseas Bank .
Thu, Feb 16, 2023
The latest hikes in the interest rates come days after the Reserve Bank of India (RBI) on February 8 increased the borrowing costs by 25 basis points (bps).
Thu, Feb 09, 2023
Standalone net profit of Rs 172.43 crore in the third quarter of the current fiscal compared with Rs 868.86 crore profit in the same period a year back, according to a stock exchange filing by the company
Wed, Nov 16, 2022
In a major development, the Central Bureau of Investigation (CBI) has booked Rotomac Global and its directors for Rs 750 crore alleged fraud in Indian Overseas Bank. The development was confirmed by news agency PTI.
Wed, Nov 09, 2022
Term deposits for tenure of 270 days to one year and one year to three years, the interest rates have been increased by 60 basis points, the bank said in a statement here.
Tue, Jun 21, 2022
National Asset Reconstruction Company Limited (NARCL) has started the process of buying Non-Performing Asset (NPA) from banks, Zee Business has learnt through sources. Last week, Indian Oveseas Bank (IOB) received a binding offer from NARCL, Tarun Sharma reported citing his sources.
Wed, May 18, 2022
Q4 Results 2022: Surfactants and Indian Overseas Bank (IOB) today announced their March quarter results. While the former reported a net profit of Rs 98 cr, the latter reported net profit of Rs 552 crore
Fri, May 13, 2022
There is an important news for the customers of Indian Overseas Bank, a public sector bank. The bank has revised its lending rate and now it has become 7.25 percent. That is, now customers will have to pay more EMI on the loan.
Wed, Feb 02, 2022
Companies including Apollo Tyres Limited, Indian Overseas Bank (IOB), Dhanuka Agritech Limited and Servotech Power Systems on Wednesday. Here are key highlights of the quartely results of these companies!
Wed, Nov 24, 2021
Indian Overseas Bank and Central Bank shares soared over 15 per cent in the intraday trade on BSE on Monday.
Wed, Oct 27, 2021
State-owned Indian Overseas Bank (IOB) on Wednesday posted a more than two-fold jump in net profit for the July-September quarter of this fiscal to Rs 376 crore compared to Rs 148 crore in the year-ago period.
Wed, Sep 29, 2021
The Reserve Bank of India (RBI) has removed the Indian Overseas Bank from the Prompt Corrective Action Framework (PCAF) after reviewing the bank’s financial status.
Tue, Aug 03, 2021
For the first quarter of the current fiscal, the IOB had posted a net profit of about Rs 327 crore as against about Rs 121 crore logged during the corresponding quarter the previous year, he told reporters
Tue, Jun 22, 2021
Indian Overseas Bank Share Price - Indian Overseas Bank shares (IOB shares) today hit their 52-week high on the intraday basis and were trading at Rs 25.70 on the NSE, up by almost 9 per cent at 11:05 am. The IOB shares hit 20 per cent circuit on Monday. The rally has been on the back of the privatisation news doing the rounds, Technical Analyst Nilesh Jain
Mon, Jun 07, 2021
Indian stock markets today ended the day in the green. While the BSE Sensex closed at lifetime high of 52,328.51, up by over 228 points or almost 0.4 per cent, the broader market NSE Nifty 50 was trading 15,751.65 at the closing time on Monday, up by over 81 points or almost 0.5 per cent
In its bid to privatise two state-run banks as unveiled by Finance Minister Nirmala Sitharaman in her Union Budget speech 2021, the Narendra Modi government may soon finalise plans to sell Centre's stake in Central Bank of India and Indian Overseas Bank (IOB). This is part of Government’s mega privatisation initiative which also include sale of other state-run companies like BPCL
Tue, Apr 13, 2021
Domestic equity markets were trading in green in Tuesday’s noon deals. At 1:08 pm, the S&P BSE Sensex was trading 103.58 points or 0.22% up at 47,986.96, while the Nifty 50 index was trading 26.25 points or 0.18% higher at 14,337.05.
Thu, Apr 01, 2021
As government has decided to carry out a capital infusion drive in four public sector banks of as much as Rs 14,500 crore, Nifty PSU Bank Index zoomed by over 2.5 per cent to become second highest performer during today's session.
Wed, Mar 17, 2021
In an exclusive report by Zee Business Executive Editor Swati Khandelwal, the Reserve Bank of India (RBI) will soon take a call on taking out three public sector banks from the PCA (Prompt and Corrective Action).
Fri, May 08, 2020
Lockdown in India: In the wake of COVID-19 lockdown in India hitting people's monthly budget to a larger extent, State Bank of India (SBI), Indian Overseas Bank (IOB) and Bank of Maharashtra have cut down their lending rates.
Mon, Apr 27, 2020
To help people tide over the challenges inflicted by COVID-19 lockdown, Indian Overseas Bank has launched a special scheme.
Sun, Apr 05, 2020
The contributions can be made by RTGS, NEFT, IMPS, cheques and demand drafts drawn in favour of PM-Cares Fund.
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