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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…
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
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…
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…
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…
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…
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
1 min read
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
1 min read
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
1 min read
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
1 min read
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…
PTI
1 min read
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…
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
1 min read
1 min read
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,…
3 mins read
India's banking stocks are on fire after top court allows them to call out bad loans
Indian banks are rallying on the stock market after the Supreme Court’s judgement on the loan morat…
4 mins read
Three Anil Ambani companies have reportedly been accused of fraud by banks — the amount at stake is nearly ten times more than what Mallya owed
India’s infamous fallen billionaire, Anil Ambani, may have claimed that his ‘net worth is zero’ b…
2 mins read
Top stocks to watch— SBI, HDFC Bank, ICICI Bank, Future Retail, Future Enterprises, Indian Overseas Bank, Bharat Dynamics, Parag Milk, Info Edge and more
Indian stock market is likely to open on a muted note amidst mixed cues from global peers. At 7:50 …
1 min read
HDFC Bank deploys mobile ATM in city
The locations for deployment are being identified inconsultation with all local municipal authoriti…