Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li>At 7:50 am the SGX Nifty was trading 0.47% higher pointing towards a cautious start for Nifty50. </li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider</a>. </li></ul>Indian stock market is likely to open on a muted note amidst mixed cues from global peers. At 7:50 am the SGX Nifty was trading 0.47% higher pointing towards a cautious start for Nifty50. The Hang Seng Index of the Hong Kong stock market was also trading 0.41% higher on September 8. Here’s a list of stocks to watch for in trade on September 8: HDFC Bank, ICICI Bank, SBI and other banking stocks HDFC Bank, ICICI Bank, SBI and other banking stocks will be in focus today after the RBI-appointed KV Kamath committee has submitted a resolution framework for stressed loan accounts. It has outlined parameters for 26 sectors. These <a href="https://economictimes.indiatimes.com/news/economy/policy/rbi-constituted-kv-kamath-committee-names-26-sectors-for-restructuring/articleshow/77981829.cms">26 sectors will require</a> loan restrictions based on the analysis of their financial parameters after COVID impacted businesses. Future Consumer Kishore Biyani led Future Group firm Future Consumer said it has defaulted on payment of principal redemption and interest on non-convertible debentures. The current default amount includes principal of ₹20 crore and interest of ₹2.03 crore, payable annually. The shares of Future Consumer ended 5% lower yesterday. Future Enterprises Kishore Biyani led Future Enterprises reported a consolidated net loss of ₹394.77 crore for the fourth quarter ended March 31. The company’s revenue from operations was down 50.01% to ₹783.28 crore during the quarter under review. This may also move other Future Group subsidiaries such as Future Retail, Future Lifestyle Fashions, Future Consumer, among others. The shares of Future Enterprises ended 5% lower yesterday. Indian Overseas Bank Indian Overseas Bank (IOB) has cut its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) across all tenors effective September 10. MCLR is actually the minimum interest rate below which financial institutions can’t lend. The shares of IOB ended 2% lower on September 7. Bharat Dynamics The central government is looking to sell 15% of its stake in Bharat Dynamics. The government currently owns 87.75% of the company’s stake, and it is looking to offload 2.71 crore shares at a floor price of ₹384.50. The shares of Bharat Dynamics ended 2% lower on September 7. Info Edge Info Edge reported a 24.7% jump in its India standalone net profit to ₹83.2 crore for the first quarter ended June 30. Although the company’s revenue fell 10.5% to ₹280.1 crore in the period under review. The shares of Info Edge ended 2% lower on September 7. Parag Milk and Foods Parag Milk reported a steep fall in its net profit for the first quarter ended June 30. The company’s revenue declined to ₹435.6 crore from ₹629.74 crore in the same quarter last year. The board also approved raising ₹ 230 crore via sale of non-convertible debentures. Non-convertible debentures can’t be converted into shares or equities. The shares of Parag Milk and Foods ended 2% higher yesterday. SEE ALSO: <a href="https://www.businessinsider.in/defense/news/new-skirmish-at-india-china-border-along-pangong-tso-lake/articleshow/77989048.cms" data-type="tilCustomLink">New skirmish at India-China border along Pangong Tso Lake</a> <a href="https://www.businessinsider.in/business/corporates/news/deepak-kochhar-husband-of-former-icici-bank-chief-chanda-kochhar-arrested-in-videocon-loan-case/articleshow/77982638.cms" data-type="tilCustomLink">Deepak Kochhar, husband of former ICICI bank chief Chanda Kochhar, is arrested in connection with Videocon loan case</a>

Top stocks to watch— SBI, HDFC Bank, ICICI Bank, Future Retail, Future Enterprises, Indian Overseas Bank, Bharat Dynamics, Parag Milk, Info Edge and more

From Adani Group to Tata Motors and banks ⁠— these 17 stocks have already lost over 10% in last one month

Hyderabad, Feb 17 () Indian Overseas Bank (IOB), whichhas been in the red for the last four-and-a-half years, ismulling to raise funds through a Follow-on Public Offering(FPO) next year, a senior official of the state-owned lendersaid here on Monday. Ajay Kumar Srivastava, Executive Director IOB, said thatthe FPO idea was still "at the drawing board level" and theBoard would take a decision on the quantum of funds to beraised and the percentage of stake to be diluted. The centre holds nearly 95 per cent stake while LIC hasthree per cent and others-two per cent in the bank, which iscurrently under the Prompt Corrective Action (PCA) frameworkof the Reserve Bank.Raising money from public is on the cards. We plan to doit in the second or third quarter. We will go to the marketwith FPO.First we have to go to our Board, we have to go to RBIand SEBI also ( for necessary approvals). It is on the drawing board, but nothing has beenconcretised. But it is in our action for next year, he toldreporters at a press conference here. The centre recently increased IOB's authorized capitalfrom Rs 10,000 crore to Rs 25,000 crore.The Government also infused Rs 4,360 crore capital intothe bank.He said the Chennai-based lender is in the process ofimproving its performance in terms of controlling Non-performing Assets (NPA) and Net Interest Margin (NIM). The banks NIM is currently at about 1.94 per cent and isexpected to touch two per cent during the current quarter."It would take another three of four quarters to touchthe three per cent-NIM... We will prefer to go for FPO afterwe come out of PCA, he said.The Reserve Bank of India's PCA framework, which intendsto nurse financially weak banks back to health, restrictslending and expansion of lenders. Srivastava said going forward the focus of the creditwould more for MSMEs and wants to be recognized as "MSME-focused bank".He said currently the exposure to the sector is Rs 31,000crore and efforts are on to take it Rs 50,000 crore in thenext 18-24 months.IOB also classified 200 of its branches as "MSME-focused". GDK APRAPR APR

Indian Overseas Bank mulls FPO next fiscal

Chennai, Apr 28 () Public sector Indian Overseas Bankhas unveiled a special loan scheme for members of self helpgroups with a maximum cap of Rs one lakh for a group, the banksaid on Tuesday.The city-based bank said the eligibility of the borrowersis that they need to have a good track record and should haveavailed minimum two credit loans from the bank.As per the Bank's criteria only those self help groupswhose existing loans are performing as on March 1, 2020 wereeligible under this scheme, which is valid till June 30, banksaid in a statement. The maximum loan amount for an individual is Rs 5,000while for a group it is Rs one lakh, the bank said. The loan would be sanctioned and disbursed within sixworking days and they are payable in 30 EMIs after initialmoratorium of six months. The rate of interest for the loans is 9.4 per cent. "Self Help Group borrowers are an important part of theeconomy... we are working to best of our ability to extend oursupport to SHGs in the wake of coronavirus", bank's ManagingDirector Karnam Sekar said."These loans will assist the SHGs pass through thedifficult times..", he added. The borrowers would not be charged with pre-paymentcharges or processing fee under the special scheme, it said. VIJ ROH ROH

Indian Overseas Bank introduces special loans for SHGs

<ul><li>The share price has seen sharp rises and falls in recent months-- adding up to a fall of 72% since Gill took over.</li><li><keyword id="45660" type="CITY" weightage="20" keywordseo="Yes-Bank">Yes Bank</keyword> second quarter earnings were worse than expected. </li><li>The stock lost another 3% plus today after the gross NPA rose over 2.5x in last 3 months.</li></ul>Ravneet Gill moved from Deutsche Bank to take over as the Chief Executive Officer of Yes Bank in March 2019. The share price has lost nearly three-fourths of its value since then. The value erosion in the bank’s share price has to do with a lot of older, hidden dirt coming to the fore. But that’s not the only factor. The confidence of both the investors and depositors has been tested repeatedly by events that have followed. The latest among the news around Yes Bank has been the shocking spike in bad loans⁠— nearly two-and-a-half times jump in just 3 months⁠— and the unexpected loss in the September quarter. “The events that have been unfolding recently corroborate our longstanding negative stance on the stock,” a Kotak Institutional Equities report said on November 2. The stock lost another 3% plus in the first trading session after the earnings on November 4. Here’s a look at how Yes Bank has waded through its worst crisis under the stewardship of its new CEO Ravneeet Gill in the last eight months. 
	
	
	
	
	
	
	<div type="Slideshow" msid="71884102" hostid="261" title="Yes Bank under CEO Ravneet Gill⁠— eight months of wild mood swings" firstImageMsid="71884171" slideCount="12"></div>

You Searched For "Indian Overseas Bank share price" and got 5 results

Top stocks to watch— SBI, HDFC Bank, ICICI Bank, Future Retail, Future Enterprises, Indian Overseas Bank, Bharat Dynamics, Parag Milk, Info Edge and more

Navdeep Yadav

From Adani Group to Tata Motors and banks ⁠— these 17 stocks have already lost over 10% in last one month

Bhakti Makwana

Indian Overseas Bank mulls FPO next fiscal

PTI

Indian Overseas Bank introduces special loans for SHGs

PTI

Yes Bank under CEO Ravneet Gill⁠— eight months of wild mood swings

Sriram Iyer

Popular Keywords

Buying Guides