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Latest Articles in indian overseas bank

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.

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Equities 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.

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CBI 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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Around Rs 56 lakhs looted from bank in Agra; accused absconding

Around Rs 56 lakhs looted from bank in Agra; accused absconding

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Indian Overseas Bank reports net profit of Rs 148 cr in Q2 as bad assets decline

Total income rose 8.1 per cent to Rs 5,431 crore during the quarter under review as against Rs 5,024 crore in the same quarter of 2019-20

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Partha Pratim Sengupta Appointed New MD, CEO Of Indian Overseas Bank

His appointment will be up to date of attaining the age of superannuation which is December 31, 2022 or until further orders whichever is earlier, the bank said in regulatory filings at stock exchanges.

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India To Inject USD 1.65 Billion In Five State Banks In About A Week: Government Source

PNB will get 28.16 billion INR, while Indian Overseas Bank, Corporation Bank, Andhra Bank and Allahabad Bank are the other four lenders in which the government will inject capital in the latest round

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Racket Transferring Money To Hong Kong Firm Busted

CBI says Indian Overseas Bank officials and businessmen allegedly managed to siphon off Rs 321 crore of public money to a Hong Kong-based company using fake guarantee issued by the bank

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