Showing results for "#IOB"
Net interest income, asset quality pushes IOB’s Q4 net to Rs 650 cr
The year on year net profit of the bank has surged by 22.75% to Rs 2,099 cr from Rs 1,710 crore as reported in the financial year 2021-22 on the back...
IOB manager in TN who said 'Hindi must for loan', transferred
23 Sept 2020 7:39 AMThe doctor, a senior citizen C. Balasubramanian also alleged that the Manager of the IOB had treated him and his engineer friend, who was accompanying...
IOB expects resolution of NPAs worth Rs 18,000 cr in 2nd half of FY21
22 Nov 2020 6:42 AMBesides, the Chennai-based bank is hoping to come out of the prompt corrective action (PCA) framework of the Reserve Bank of India (RBI) next fiscal.
Moody's withdraws ratings of IOB, Central Bank of India
23 March 2021 12:47 PMGlobal credit rating agency Moody's Investors Service on Tuesday said it has withdrawn the ratings, assessments and outlooks of the Indian Overseas...
Indian Overseas Bank EGM in May to allot preferential shares to govt
20 April 2021 2:24 AMIndian Overseas Bank on Monday said it has convened an extraordinary general meeting (EGM) next month to seek shareholders' approval for issuance of...
IOB, Central Bank privatisation on the cards
28 Jun 2021 10:51 PMInching closer to privatisation of two public sector banks, a high-level panel of secretaries headed by Cabinet secretary is believed to have zeroed...
IOB asks Union Bank to buy its stake in Malaysian bank
3 Aug 2021 7:02 PMIndian Overseas Bank (IOB) has asked the Union Bank of India to buy its 35 per cent holding in India International Bank, Malaysia, a top IOB official...
RBI removes Indian Overseas Bank from PCA framework
30 Sept 2021 3:01 AMThe Reserve Bank of India (RBI) on Wednesday removed Indian Overseas Bank from its prompt corrective action (PCA) framework, subject to certain...