Dec 10, 2013 at 12:06 | Source: CNBC-TV18
Sudarshan Sukhani of s2analytics.com recommends exiting Indian Overseas Bank.
Dec 10, 2013 at 08:49 | Source: PTI
Former branch Manager of Indian Overseas Bank in Kilpauk in Chennai, A Sreenivasa Rao, and three private persons -- Kamalakannan, Rajesh Thomas and R Praveen Raj Kumar -- were sentenced to three years RI and a fine of Rs 80,000 was slapped on them.
Nov 26, 2013 at 14:44 | Source: Moneycontrol.com
Angel Broking has come out with its report on banking sector. From a structural perspective, the research firm, has remained cautious on PSU banks as a segment, given the challenges they face in terms of a) low capital adequacy and core profitability and b) higher competitive intensity.
Nov 20, 2013 at 15:19 | Source: CNBC-TV18
Shardul Kulkarni of Angel Broking is of the view that one may short Karnataka Bank November Futures contract and expects the stock to test Rs 95.
Nov 19, 2013 at 14:22 | Source: Moneycontrol.com
Indian Overseas Bank has informed that the Committee of Directors for preferential issue of Shares met on November 18, 2013 and has fixed the price at Rs. 52.23 per Equity Share in compliance with regulation 76(1) of SEBI ICDR Regulations) and determined to allot 22,97,53,015 equity shares to Govt. of India.
Nov 14, 2013 at 15:17 | Source: Moneycontrol.com
Government of India has appointed Shri. Chinnaiah as Part Time Non Official Director of Indian Overseas Bank with effect from the date of his taking over charge of the post and up to November 12, 2016, i.e. for a period of three years or until further orders, whichever is earlier.
Nov 13, 2013 at 08:42 | Source: CNBC-TV18
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Oct 26, 2013 at 16:37 | Source: PTI
The Chennai-based bank has reported Rs 158.43 crore net profit during the corresponding period of previous year, Indian Overseas Bank said in a statement.
Oct 26, 2013 at 14:54 | Source: Moneycontrol.com
Standalone Net Interest Income (NII) for the quarter was Rs 5,668.84 crore and net profit was Rs 132.55 crore.
Oct 25, 2013 at 18:36 | Source: CNBC-TV18
The banks net interest margin (NIM) on the domestic front has improved from 2.30 percent to more than 2.48 percent.