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Former home secy Ajay Kumar Bhalla appointed Manipur Guv amid ethnic violence resurgence | Five soldiers killed, several injured as Army truck falls into Poonch gorge | Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US | Congress leader files complaint against Allu Arjun for 'insulting police' in Pushpa 2: The Rule | Ahead of Jaishankar's US visit, foreign secretary Vikram Misri meets top US diplomats | India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people
RBI penalizes Citibank, BoB, and IOB for non-compliance with norms

RBI penalizes Citibank, BoB, and IOB for non-compliance with norms

Nov 25, 2023, at 04:57 am

Mumbai: The Reserve Bank of India (RBI) on Friday slapped monetary fines on Citibank, Bank of Baroda, and Indian Overseas Bank for violations of regulations.

PNB, IOC, DCB Bank to offer AT1 bonds; issue at premium rates likely: Report

PNB, IOC, DCB Bank to offer AT1 bonds; issue at premium rates likely: Report

Mar 23, 2023, at 02:23 am

Mumbai: Punjab National Bank (PNB), Indian Overseas Bank (IOB), and DCB Bank may need to offer higher interest rates on their bonds as they prepare to sell them during a period when global banks are facing significant pressure, according to a report published in The Economic Times (ET).

IOB Q3 net profit moves up by 22 pct

IOB Q3 net profit moves up by 22 pct

Feb 11, 2023, at 12:10 am

New Delhi: The Indian Overseas Bank has recorded a 22 percent rise in net profit for the third quarter of Financial Year 2022-23 (FY23) at Rs 555 crore.

Indian Overseas Bank to raise Rs 1,000 cr through QIP route; to focus on capital-light and rated accounts

Indian Overseas Bank to raise Rs 1,000 cr through QIP route; to focus on capital-light and rated accounts

Aug 08, 2022, at 10:17 pm

Chennai/Kolkata: Public sector lender Indian Overseas Bank (IOB) is looking to raise up to Rs 1,000 crore under Common Equity Tier (CET) through qualified institutional placements (QIP) to boost profitability, bank's MD and CEO Partha Pratim Sengupta said.