Indian Overseas Bank

The bank is aiming for the QIP launch of Rs 4,000 crore in the second half of the current financial year, Srivastava said.

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Indian Overseas Bank to launch Rs 4,000-cr QIP in tranches in Q3, says CEO

Post the QIP, the shareholdings of government in the bank will reduce to 90 percent, from current 94.81 percent as on June 30, 2025, Srivastava said.

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Indian Overseas Bank expects MTNL account resolution in 2-3 quarters

IOB MD and CEO Srivastava said the bank has made a 100 percent provision on this account from the cushion created on their balance sheet.

Indian Overseas Bank’s Rs 4,000-crore equity capital raise plan to lower govt’s holding to 90%: CEO

As on March 31, government holds 94.61 percent stake in the Indian Overseas Bank.

Indian Overseas Bank Q4 results: PAT rises 30% on-year to Rs 1,051 crore

On sequential basis, net profit of the bank rose 20.3 percent.

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Stocks to Watch, Mar 26: Stocks like Maruti Suzuki India, Minda Corporation, Oil and Natural Gas Corporation, Siemens India, Brainbees Solutions, TVS Motor Company, Indian Overseas Bank, Jyothy Labs, Bharat Heavy Electricals, Indegene, DLF, Asahi India Glass, Dredging Corporation of India, and NTPC Green Energy will be in focus on March 26.

Indian Overseas Bank raises Rs 1,436 crore through QIP route; LIC, IIFL Finance, SBI Pension top buyers

The central government holds a 96.38 percent stake in Indian Overseas Bank, and the QIP was supposed to pare its stake by 2-2.5 percent.

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Indian Overseas Bank gets Rs 699-crore GST demand notice

IOB has taken the legal route to challenge the notice and expects the appellate authorities to overturn the order.

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Stocks On Radar: Tata Steel, Mahindra Lifespace, Aurobindo, Rail Vikas Nigam In Focus on 19 February

Dive into the latest stock market developments with updates on Tata Steel's monumental investment in electric arc furnace steelmaking at Port Talbot, preserving thousands of jobs and slashing CO2 emissions. Explore Indian Overseas Bank's new CFO appointment and Aurobindo Pharma's recent FDA inspection findings. Plus, catch up on Mahindra Lifespace Developers' major partnership and Rail Vikas Nigam's significant project win for the Bengaluru Suburban Rail. Stay informed with insights on Piramal Pharma's latest FDA inspection outcomes.

Stocks to Watch Today: Tata Steel, Mahindra Lifespace, Aurobindo, Rail Vikas Nigam, Piramal Pharma, Hexaware in focus on 19 February

Stocks To Watch, Feb 19: Stocks like Indian Overseas Bank, Larsen & Toubro, Container Corporation of India, Cello World, RBM Infracon, Bharti Airtel, Voler Car, PS Raj Steels, and Maxvolt Energy Industries will be in focus on February 19.

Indian Overseas Bank targets Rs 2,500 crore recovery in Q4, expects major recovery from key accounts

In the period between April and December 2024, the recoveries reached Rs. 1,855 crores, which is a 30.92% increase compared to Rs. 1,417 crores in the same period last fiscal year.

Indian Overseas Bank to cut govt's stake by up to 2.5% in Q4 via Rs 2,000 cr QIP, says CEO

Currently, the Central government holds 96.38 percent stake in Indian Overseas Bank

Indian Overseas Bank shares surge 6% after lender's Q3 net profit jumps 21%

The bank's consolidated net profit stood at Rs 875.27 crore in Q3FY25 as against Rs 724.14 crore net profit reported in the year-ago period

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Stocks To Watch Today, Jan 13: Stocks like Just Dial, PCBL, NCL Industries, Sunteck Realty, JSW Energy, Signature Global India, Sudarshan Pharma, Poly Medicure, ICICI Lombard General Insurance Company, Adani Wilmar, Indian Overseas Bank,Bank of Baroda, Ola Electric Mobility, and Standard Glass Lining Technology will be in focus on January 13.

Indian Overseas Bank invites EOI to sell Rs 11,500 cr NPA

The list of NPAs also include accounts of Jet Airways (India) Limited, Reliance Communication, Reliance Telecom, IL&FS Financial Services, and Future Enterprises, release said.

Indian Overseas Bank to receive IT refund of Rs 1,359 crore for AY15-16; shares rise

In November, IOB received a tax refund from the Income Tax Department of Rs 1,238 crore, relating to the 2019-20 assessment year.

Stock Radar: Awfis Space, IOB, HG Infra, Saakshi Medtech, NTPC Green Energy, Asahi India Glass in focus on Wednesday

Stocks like LTIMindtree, Asian Granito India, Asian Paints, Morepen Laboratories, Ashiana Housing, Ujjivan Small Finance Bank, Hinduja Global Solutions, JSW Steel, and Syngene International will also be in focus on December 11.

Indian Overseas Bank gains Rs 190 crore post transition to revised asset classification norms, says MD & CEO

On co-lending front, Ajay Kumar Srivastava said many proposals are there but it's a matter of pricing and the bank takes a call accordingly.

Indian Overseas Bank Q1 results: Net profit up 27% to Rs 633 crore

Interest income of the bank grew by 20.48 percent on Y-o-Y basis to Rs 6,535 crore in Q1FY25 as against Rs 5,424 crore for Q1FY24.