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Indian Overseas Bank
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News on Indian Overseas Bank
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Consolidation, merger long-term strategy for PSBs:SS Mundra 

12.17 pm | 26 Feb 2015 |  Source: CNBC-TV18

In an interview to CNBC-TV18, Deputy Governor of RBI, SS Mundra said that the overdraft as it is envisaged in Jan Dhan has a upper limit up to Rs 5000...

PSBs will have to access mkt to meet cap adequacy: Moody's

3.40 pm | 16 Feb 2015 |  Source: PTI

For the current fiscal, the government has earmarked Rs 11,200 crore for capital infusion in state-owned banks. Of that the government has said it wil...

Buy Andhra Bank, Indian Overseas Bank: Aashish Tater 

3.21 pm | 13 Feb 2015 |  Source: CNBC-TV18

Aashish Tater of FortuneWizard.com recommends buying Andhra Bank and Indian Overseas Bank....

Union Budget 2015: Infra funds & PSU bank recapitalisation key for fin sector

5.35 pm | 12 Feb 2015 |  Source: Moneycontrol.com

Morgan Stanley thinks Jaitley should also focus on tax breaks for investments in infrastructure (possibly via a separate category u/s 80C) or other po...

Why NPAs have reared their ugly heads once more 

2.19 pm | 07 Feb 2015 |  Source: CNBC-TV18

Of the 10 public sector banks that have reported third-quarter earnings, seven have reported non-performing assets (NPA) of over 5 percent. CNBC-TV18'...

The bad loan hemorrhage

9.27 pm | 05 Feb 2015 |  Source: CNBC-TV18

The total loans restructured by banks is over 6 lakh crore, so more pain is clearly waiting to come unless growth picks up, which looks tough in the n...

Bad loans rise at three mid-sized state lenders

5.17 pm | 05 Feb 2015 |  Source: Reuters

Indian Overseas Bank, a state-run lender, reported its second straight quarterly loss on Thursday as bad loans surged, sending its shares down as much...

IOB posts Q3 loss Rs 516 cr; provisions spike, NII dips

3.27 pm | 05 Feb 2015 |  Source: Moneycontrol.com

Indian Overseas Bank (IOB) has recorded a huge loss of Rs 516 crore during October-December quarter against profit of Rs 75 crore in the year-ago peri...

IOB to raise Rs 1k-cr to augment additional Tier-1 capital

4.26 pm | 31 Jan 2015 |  Source: PTI

"Indian Overseas Bank has launched an issue of unsecured, non-convertible, additional Tier-I, basel III compliant perpetual bonds to the extent of Rs ...

Indian Overseas Bank Q3 results on Feb 05, 2015

10.14 pm | 23 Jan 2015 |  Source: Moneycontrol.com

Indian Overseas Bank has informed that a meeting of the Board of Directors of the Bank will be held on February 05, 2015, to consider and approve the ...

Suzlon sells German arm Senvion for euro 1 bn; to cut debt

9.01 am | 22 Jan 2015 |  Source: Moneycontrol.com

Suzlon said it will repay domestic term loans worth Rs 5000 crore with the proceeds from the sale of its German arm Senvion...

Asset quality remains a niggling worry for Indian banks

8.46 am | 05 Nov 2014 |  Source: Moneycontrol.com

Maintaining its cautious view, global rating agency Moody's recently said that it remains negative on Indian banks on the back of high leverage in the...

Indian Overseas Bank Q2 loss at Rs 245 cr

4.58 pm | 30 Oct 2014 |  Source: PTI

Total income has increased from Rs 5,999.75 crore for the quarter ended September 30, 2013 to Rs 6,440.77 crore for the quarter ended September 30, 20...

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