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Latest Articles in indian overseas bank
Indian Overseas Bank Penalised Rs 2.2 Cr By RBI For Non-compliance
The regulatory actions were taken following the RBI's statutory Inspection for Supervisory Evaluation
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Govt Committed To Privatisation Of Two Public Sector Banks: Report
According to sources, Central Bank of India and Indian Overseas Bank are likely candidates for privatisation
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Govt Appoints Aggarwal As RBI Nominee Director In Indian Overseas Bank
With this, Deepak Kumar, nominated by the government as the RBI nominee director, ceases to be a director on the board with effect from Friday, the lender added
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Indian Overseas Bank Second Quarter Profit Jumps To Rs 376 Cr
The bank also came out of the RBI's Prompt Corrective Action (PCA) framework during the reported period.
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Indian Overseas Bank Out Of PCA Framework: RBI
Meanwhile, the Central Bank had also removed UCO Bank from the PCA framework, earlier this month.
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Indian Overseas Bank Q4 Profit Rises Over 2-Folds To Rs 350 Cr
Provisions for bad loans and contingencies for the reported quarter increased to Rs 1,380.46 crore as against Rs 1,060.38 crore parked aside in the corresponding period a year earlier.
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State-Owned Banks Getting Ready For Privatisation May Come Out With VRS
Central Bank of India, Indian Overseas Bank, Bank of Maharashtra and Bank of India are some of the names that may be considered for privatisation by the Core Group of Secretaries on Disinvestment.
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Indian Overseas Bank EGM In May To Allot Preferential Shares To Govt
The bank's present authorised capital is Rs 25,000 crore and the paid-up equity share capital is Rs 16,436.98 crore. IOB stock closed 4.44 per cent down at Rs 16.15 on BSE.
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Shares Of Four Public Sector Banks Jump Up To 10 % After Capital Infusion
The capital infusion will help these banks to come out of the Reserve Bank of India's prompt corrective action framework.
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SBI General Forges Bancassurance Tie-Up With Indian Overseas Bank
'Our association with IOB shall further strengthen our reach and will help us in achieving another milestone for our mission of insuring Bharat.
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All About Privatization of PSBs
The Finance Minister’s budget speech did include the paragraphs regarding the government's intent to undertake the privatization of select PSBs.
Read MoreEquities trade higher, Nifty PSU up 2.6 pc on privatisation buzz
Equities trade higher, Nifty PSU up 2.6 pc on privatisation buzz
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India Shortlists Four Banks For Potential Privatisation
The government is considering mid-sized to small banks for its first round of privatisation to test the waters. In the coming years it could also look at some of the country's bigger banks
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CBI Books Six Indian Overseas Bank Officials For Misappropriating Rs 4.56 Cr
The agency has booked Heli Veepuri, the then regional resource manager posted at the regional office in Vijaywada and officials at Mangalagiri Branch -- assistant managers V Suresh, D Narasimha and K Sireesha as well as clerks M Adinarayana Murali and M Praveen Syam.
Read MoreCBI books 6 former IOB officials, others for misappropriation of funds
CBI books 6 former IOB officials, others for misappropriation of funds
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