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1 min read

Indian Overseas Bank posts Rs 624.34 cr PAT for Q2 2023-24

Public sector mortgage lender Indian Overseas Bank (IOB) on Friday said it closed the second quarte…

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1 min read

IOB Q3 profit jumps 30% to ₹723 cr on improvement in core income

State-owned Indian Overseas Bank (IOB) on Wednesday reported 30 per cent rise in net profit at Rs 7…

PTI   


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5 mins read

PSU bank stocks on a high with room to play

Indian public sector bank stocks have been rallying for the last three sessions – even as the broad…

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2 mins read

Monday blues on Dalal Street: Nifty, Sensex close in the red after record-breaking rally

Breaking a 11-session rally, the stock markets caught the Monday blues with benchmark indices closi…

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3 mins read

Indian Overseas Bank lost six years and half its business to clean up its bad loans but the market is cheering

Shares of Indian Overseas Bank scaled new heights, as the Reserve Bank of India (RBI) lifted the ba…

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1 min read

IOB asks Union Bank to buy its stake in Malaysian bank

Though Sengupta said the IOB is expecting to be out of the PCA fold as it fulfills the RBI…

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1 min read

IOB, Bank of Maharashtra cut lending rates

Rates for other tenors, from three months to three years, have been reduced in the range of 0.05-0…

PTI   


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Govt nominates IOB for collecting donations for PM Cares Fund

"Indian Overseas Bank (IOB), has been nominated by the government for collection of funds, which wi…

PTI   


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PNB, IOB cut lending rates by 75 basis points

"We have decided to pass on the full benefit of the recent RBI's policy rate cut of 75 bps to our …

PTI   


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IOB focuses on MSME, to lend more in two years: Official

To focus on the MSME, which is the need of the hour,the bank has converted 250 branches, including…

PTI   


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Govt ups capital infusion in IOB to Rs 4,360 cr

New Delhi, Dec 27 () Indian Overseas Bank (IOB) on Friday said it will get a fresh capital infusion…

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4 mins read

IOB raises lending target for home, MSME loans; hopes to be profitable soon: CEO

"In the MSME segment, we are right now in the range of Rs 31,000 crore lending portfolio, we want …

PTI   


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This Indian bank is attracting the Govt’s attention for all the wrong reasons

"It is being discussed with the bank. There was a review meet and the bank is submitting its respon…

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Mid and small cap indices come under selling pressure

Midcap and small cap stocks, which have performed well in this financial year, are underperforming …

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Moody's withdraws ratings of Indian Overseas Bank and Central Bank of India

Global credit rating agency Moody's Investors Service on Tuesday said it has withdrawn the ratings,…

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1 min read

Karnam Sekar retires as Indian Overseas Bank MD & CEO

Karnam had joined the bank as an OSD (officer on special duty) and whole-time director on April 1,…

PTI   


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Indian Overseas Bank cuts MCLR by up to 30 bps

The benchmark one-year MCLR, against which most of the consumer and retail loans are priced, has be…

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COVID-19 : Indian Overseas Bank launches special scheme for SHGs

"SHG borrowers are an important part of the economy...we are working to the best of our ability to …

PTI