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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 …
PTI
1 min read
Indian Overseas Bank's marketcap nearly doubled in September quarter
Indian Overseas Bank saw its market capitalization nearly double during the July-to-September quart…
2 mins read
Russia's economy is still raking it in, but many billions of dollars are stranded overseas
Russia's foreign financial assets rose $44.6 billion in the first seven months of this year, with a…
Huileng Tan
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
Rupee falls 9 paise to 83.27 against US dollar in early trade
The rupee depreciated 9 paise to 83.27 against the US dollar on Wednesday, tracking a negative tren…
PTI
2 mins read
Bank of Maharashtra top among PSU lenders in loan, deposit growth in Q2
State-owned Bank of Maharashtra (BoM) retained the top spot among public sector lenders in loan and…
PTI
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
5 mins read
PM Modi heads to Italy today for G7 Summit, first overseas visit after assuming office for third term
Rao said that PM Modi will play an important role in one of the global platforms, to engage with ot…
ANI
2 mins read
Rupee sees range-bound trade against US dollar in morning deals
At the interbank foreign exchange market, the local unit opened at 83.52 and gained further to …
PTI
2 mins read
Rupee falls 6 paise to 83.54 against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.52 and lost further groun…
PTI
2 mins read
Global investments in Indian government bonds firm, attributable to JPMorgan index inclusion
Overseas investments into India's sovereign bonds (or G-Secs) were firm last week with an inflow of…
ANI
2 mins read
Nifty, Sensex yet to cheer Union Budget 2024 as stock markets open in red
Indian Benchmark indices opened in negative territory as the Union budget proved to be a non-event …
ANI
2 mins read
Rupee rises 3 paise to 83.10 against US dollar in early trade
The rupee appreciated by 3 paise to 83.10 against the US dollar on Tuesday, tracking a positive tre…
PTI
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…
2 mins read
Government is reportedly planning to privatise Indian Overseas Bank and Central Bank of India — stocks jump up to 20%
The news triggered shares of both the banks as they spiked up to 20% in Wednesday’s trade. At …
4 mins read
Senior citizen FD: Here are the features & interest rates offered by various banks
Fixed deposit (FD) plans designed specifically for senior citizens are commonly known as senior cit…
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…
4 mins read
Bank of India, Central Bank of India, Indian Overseas Bank, and Bank of Maharashtra rally by over 19% on hopes of privatisation
While the government has not commented on this development, the four shortlisted banks are leadi…
1 min read
Now NRIs can buy any property without prior approval from RBI, except for farm houses and plantations
At present, the central bank said "NRIs/OCIs are governed by provisions of FEMA 1999 and do no…
PTI
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,…