Feb 06, 2015 at 08:33 | Source: Moneycontrol.com
Yesterday at one point it looked like the market was breaking out. At around 2.00 clock the market was in the zone 8,800-8,850 then of course couple of negative news in terms of those UCO Banks and Indian Overseas Bank (IOB) earnings and some negative news from Greece mended the market collapse intraday.
Feb 05, 2015 at 22:09 | Source: CNBC-TV18
The saga of bad loans in the banking business continues. Indian Overseas Bank and UCO Bank reported a very weak set of numbers today but state of non performing assets just got even worse.
Feb 05, 2015 at 17:14 | Source: Moneycontrol.com
Consistent disappointment on the earnings front, especially PSU banks and the word from European Central Bank (saying it will no longer accept Greek bonds as collateral) drove the market to down in late trade.
Feb 05, 2015 at 15:27 | 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 period. The profitability was impacted by higher provisions and lower net interest income & operating profit.
Feb 05, 2015 at 14:00 | Source: Moneycontrol.com
The market ended at lower level. The Nifty ends at 8711.70 (down 12 points), after sinking below 8700 intraday. The Sensex is down 32.14 points at 28850.97. About 1025 shares have advanced, 1889 shares declined and 229 shares are unchanged.
Jan 31, 2015 at 16:26 | 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 1,000 crore, including an option of Rs 300 crore to augment additional Tier-I capital", the Chennai-based bank said in a statement.
Jan 19, 2015 at 16:23 | Source: CNBC-TV18
According to Vishal Malkan, CMT at malkansview.com, one may stay invested in Indian Overseas Bank.
Dec 11, 2014 at 10:14 | Source: CNBC-TV18
Here are top 10 stocks to watch on December 11 - Sun Pharma, Wockhardt, Tech Mahindra, Jet Airways, Eicher Motor, JBF Industries, Shreyas Shipping, IOB, Allahabad Bank and Jubilant Food.
Dec 08, 2014 at 22:44 | Source: Moneycontrol.com
Indian Overseas Bank has informed that the Shareholder Directors of the Bank have demitted office on December 07, 2014 on completion of 3 years term. Shri Ajit Vasant Sardesai and Prof. S. Sadagopan.
Dec 08, 2014 at 09:28 | Source: Moneycontrol.com
Indian Overseas Bank has informed BSE that the Credit Agency, M/s. ICRA Limited, has revised its rating on Bank's Bonds.