Sep 30, 2021 09:45 AM IST
The share price gained over 160 percent in the last one-year.
- Aug 03, 2021 07:22 PM IST
- Aug 02, 2021 10:44 PM IST
The Chennai-headquartered lender said it reduced non-performing assets (NAPs) worth Rs 1,616 crore during the quarter, as against Rs 1,969 crore in June 2020 quarter.
- Jul 19, 2021 07:50 PM IST
The Centre is confident of meeting the ambitious divestment target of Rs 1.75 lakh crore through share sales in Air India and other companies, including the Life Insurance Corporation IPO, which is expected to be India’s largest.
- Jun 30, 2021 12:40 PM IST
Indian Overseas Bank and Central Bank of India are likely candidates for disinvestment, according to sources.
- Jun 22, 2021 10:18 AM IST
Central Bank of India touched a 52-week high of Rs 28.30 and Indian Overseas Bank touched a 52-week high of Rs 27.95.
- Jun 21, 2021 02:27 PM IST
The two lenders might see 51 percent sale in the first phase of disinvestment. The government will amend the Banking Regulations Act, and some other banking laws for divestment, CNBC Awaaz reported.
- Jun 17, 2021 09:00 AM IST
- Jun 14, 2021 05:22 PM IST
IOB MD & CEO Partha Pratim Sengupta said that the bank is yet to hear from the Government on the question of privatisation.
- Jun 09, 2021 11:33 AM IST
The whole deal may not be as easy as it sounds, say analysts. Potential buyers for lenders like Central Bank and Indian Overseas Bank, the likely targets for privatisation, could be worried about the PCA tag, weak financials, say experts.
- Jun 07, 2021 02:01 PM IST
Banks privatisation: Central Bank of India and Indian Overseas Bank have been recommended for divestment by the NITI Aayog, but another potential sell includes the Bank of India.
- Feb 18, 2021 10:49 AM IST
Central Bank of India and Indian Overseas Bank locked at 20 percent upper circuit, while Bank Of India, Bank of Maharashtra locked at 10 percent upper circuit.
- Feb 17, 2021 10:02 AM IST
Bank Of India, Bank of Maharashtra and Indian Overseas Bank touched a 52-week high of Rs 83.90, Rs 22.85 and Rs 15.70 respectively.
- Feb 16, 2021 09:46 AM IST
Two of those banks will be selected for sale in the 2021/2022 financial year which begins in April, the officials said.
- Feb 09, 2021 10:44 PM IST
- Feb 09, 2021 07:27 PM IST
The bank had posted a staggering net loss of Rs 6,075.49 crore in the year-ago quarter.
- Dec 22, 2020 08:26 PM IST
The ED case is related to its criminal money laundering investigation "in a case related to buyers credit fraud of Rs 299.14 crore at the IOB, Chandigarh".
- Nov 22, 2020 11:57 AM IST
New Delhi, Nov 22 State-owned Indian Overseas Bank (IOB) expects resolution of about Rs 18,000 crore of non-performing assets (NPAs) under the inso..
- Nov 06, 2020 05:29 PM IST
IOB said it has made required provisioning in advances in specific accounts so as to improve net NPAs.
- Oct 12, 2020 05:23 PM IST
The extension has been given as per the notification of the Department of Financial Services, the Finance Ministry dated October 10, Canara Bank said.
- Sep 08, 2020 08:15 AM IST
Its peer Indian Overseas Bank (IOB) also said it will cut its MCLR by 10 basis points (bps) across all tenors effective September 10.
- Aug 21, 2020 09:01 AM IST
- Jul 20, 2020 06:41 PM IST
The first part of the plan would be to sell majority stakes in Bank of India, Central Bank of India, Indian Overseas Bank, UCO Bank, Bank of Maharashtra and Punjab & Sind Bank, leading to an effective privatisation of these state-owned lenders, a government official said.
- Jun 26, 2020 12:40 PM IST
Indian Overseas Bank (IOB) has restructured 19,043 MSME accounts and treated MSME accounts of Rs 694.2 crore as standard till March 31, 2020.
- Jun 26, 2020 09:52 AM IST