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Indian Overseas Bank (IOB) News
Indian Overseas Bank (IOB)
IOB’s cash recovery target for FY22 stands at Rs 4,500 crore: Partha Pratim Sengupta
Thu, Jun 17, 2021
Partha Pratim Sengupta, Managing Director & Chief Executive Officer, Indian Overseas Bank (IOB) talks about provisions, recovery, targets, prompt corrective action (PCA) tag, capital raising plans and talks related to privatization among others during an exclusive interview with Swati Khandelwal, Zee Business.
Indian Overseas Bank cuts MCLR by up to 10 bps
Sun, Mar 10, 2019
The six-month MCLR will be priced at 8.50 per cent as against 8.60 per cent earlier while for three-month tenor it has been cut to 8.45 per cent from 8.50 per cent.
Zota Healthcare launches IPO of 47 lakh shares on NSE
Tue, Nov 29, 2016
Pantomath Capital Advisors (P) Ltd. and Indian Overseas Bank are the Lead Managers to the Issue.
CBI registers cheating case for defrauding IOB of Rs 41.30 crore
Fri, Sep 16, 2016
CBI sources said a case has been registered for criminal conspiracy, alleged cheating, forgery and fabrication of documents against Gaurav Mehra and Sonila Mehra, both directors of Airworth Travels and Tours Private Limited and unknown bank officials.
Bankers can't get blanket immunity on loan decisions: Raghuram Rajan
Sun, Jul 17, 2016
Raghuram Rajan has said there cannot be an absolute "blanket sort of relief" to the bankers seeking immunity for loan decision. He added the decision about loans should be taken after carrying out the appropriate due diligence to be protected, PTI said.
PSU bank stocks rise after RBI relaxes bad loan norms
Tue, Jun 14, 2016
The scrip of Punjab National Bank (PNB) surged 5.18%, Bank of India rose by 3.14%, Bank of Baroda climbed 2.43% on the Bombay Stock Exchange (BSE).