Public Sector Banks Jump Upto 10%
Shares of four public sector banks i.e., Indian Overseas Bank, Bank of India, Central Bank of India and UCO Bank rose up to 10 per...
Tag : Indian overseas Bank
Banking Operations May Be Hit By Unions’ Strike Today
Banking operations across the country may be impacted on Thursday as some bank unions would be joining the one-day nationwide strike called by central trade...
Indian Overseas Bank Reported Q2 Net Profit of Rs 148 Crore
On Friday, State-owned Indian Overseas Bank posted a net profit of Rs 148 crore for the quarter ended on 30 September, 2020, as bad loans and provisions...
Not Closing 9 Banks, Says RBI After Social Media Rumours
Just a day after the Reserve Bank of India (RBI) imposed withdrawal restrictions on Punjab & Maharashtra Co-operative Bank (PMC) for six months, the social...
BCG-IBA Report: PNB Comes At Top In Implementing 'Reforms Agenda'
The BCG-IBA (Boston Consulting Group and Indian Banks Association) EASE Reforms for report Public Sector Banks measures reported that the scam-hit Punjab National Bank (Pnb)...
Indian Overseas Bank Q4 net loss at Rs.3,606.73 crore
Indian Overseas Bank net loss for the quarter ended March 31,2018 comes in at Rs.3,606.73 crore. The bank had reported a net loss of Rs.646.66 crore...
Axis Bank, Indian Overseas Bank penalized by RBI
The Reserve Bank of India (RBI), has imposed penalties on Axis Bank and Indian Overseas Bank of Rs.3 crore and Rs.2 crore, respectively, for not...
K Swaminathan appointed by Indian Overseas Bank as Executive Director
Indian Overseas Bank has appointed K Swaminathan as its Executive Director with immediate effect. The bank has said in a BSE filing that “In its...
Indian overseas Bank aims to raise Rs 1,570 crore through public offer
On Saturday, the state owned Indian Overseas Bank (IOB) said that it is planning to raise up to Rs 1,570 crore at the current market...