IOB Q4 loss widens to Rs 3,606 crore on rising bad loans
The bank had registered a net loss of Rs 646.66 crore in the same quarter of previous fiscal.
May 30, 2018, 17:58 PM IST
Indian Overseas Bank robbed in Chennai, Rs 30 lakh cash and gold stolen
The robbery came to light when the bank officials reached their branch on Monday morning.
Mar 26, 2018, 16:37 PM IST
Alleged hotel grab by Chidambaram's relative, CBI registers preliminary enquiry
K Kathirvel, a doctor by profession and who was running the hotel in partnership with his associates, had accused Padmini, sister of Chidambaram's wife Nalini, of grabbing the property in collusion with the bank officials.
Dec 08, 2017, 18:41 PM IST
Govt appoints executive directors in 9 public sector banks
Bajrang Singh Shekhawat has been appointed executive director of Central Bank of India.
Oct 10, 2017, 14:53 PM IST
IOB goes live with Bharat Bill Payment system
BBPS is an integrated bill payment system that offers inter-operable online bill payments to customers.
Jul 29, 2017, 15:56 PM IST
Nine out of 21 public sector banks reported losses in FY17
Nine of the 21 public sector banks, including IDBI Bank and Indian Overseas Bank, reported losses during 2016-17, the parliament was informed on Tuesday.
Jul 18, 2017, 15:28 PM IST
PCA doesn't constraint bank's normal operations: RBI
The RBI on Monday said its prompt corrective action (PCA), initiated in case of some public sector banks with high NPAs, is a supervision tool and does not constrain normal banking operations for the public.
Jun 05, 2017, 21:57 PM IST
IOB, Central Bank to benefit from capital infusion: Moody's
Indian Overseas Bank and Central Bank of India will benefit from the government's recent capital infusion as they have got a higher share as a proportion of their share capital, Moody's said on Monday.
Jul 25, 2016, 13:13 PM IST
IOB to issue over 9 crore equity shares to raise Rs 261 crore
Indian Overseas Bank today said it will issue over 9 crore equity shares to qualified institutional buyers (QIBs) to raise about Rs 261 crore.
May 21, 2016, 18:27 PM IST
After SBI, UCO Bank and two other public lenders to get merged?
After asking State Bank of India (SBI) to merge its 5 associate banks, the government may ask three other public lenders namely UCO Bank, Bank of India and Indian Overseas Bank with financially sound bank
May 19, 2016, 14:00 PM IST
IOB to sell 'Indian Gold Coin' on Gudi Padwa in Mumbai
The Indian Overseas Bank (IOB) will sell the 'Indian Gold Coin' at its branches in the city tomorrow on the occasion of 'Gudi Padwa'.
Apr 07, 2016, 20:19 PM IST
IOB starts distribution of Indian Gold Coins
State-owned Indian Overseas Bank (IOB) has become the first lender to start distribution of recently launched Indian Gold Coins (IGC)
Mar 25, 2016, 18:07 PM IST
CBI registers cases against 2 Indian Overseas Bank branch managers
CBI has registered a case against an Indian Overseas Bank branch manager and a private company owner for allegedly cheating the bank to the tune of Rs 8.41 crore by issuing loans in the names of non-existing firms.
Jan 12, 2016, 21:02 PM IST
Indian Overseas Bank Q2 net loss widens to Rs 550.83 crore
Public sector lender Indian Overseas Bank on Saturday reported a net loss of Rs 550.83 crore for the second quarter ending September 30, 2015.
Oct 31, 2015, 18:50 PM IST
Indian Overseas Bank shares down 3% on RBI move
IOB's gross non-performing assets rose to 8.30 percent at the end of March 31, from 4.84 percent a year ago, according to the provisional RBI data taking into account domestic operations of banks.
Oct 06, 2015, 13:34 PM IST
Govt to infuse Rs 5,393 cr in SBI; IOB, UBI to also get funds
Country's largest lender SBI Tuesday said it will issue equity shares on preferential basis to the government for capital infusion of Rs 5,393 crore.
Aug 25, 2015, 23:28 PM IST
Indian Overseas Bank Q1 net down 94.56% at Rs 14.76 crore
Indian Overseas Bank (IOB) today reported 94.56 percent decline in net profit at Rs 14.76 crore for the quarter ended June 30, 2015, compared to the same period last year, on sharp increase in provisioning for bad loans.
Jul 25, 2015, 15:32 PM IST
CBI charge sheets company of cheating bank by Rs 102.45 cr
CBI has charged a Gurgaon-based businessman with cheating Indian Overseas Bank of Rs 102.45 crore by submitting forged bills of iron ore exports.
Jun 29, 2015, 21:00 PM IST
Indian Overseas Bank Q4 profit plunges 87%
Indian Overseas Bank sufferd net loss for the financial year to end-March at Rs 454.33 cr.
May 08, 2015, 17:19 PM IST
Moody's downgrade Central Bank, IOB on low govt funding
Rating agency Moody's Tuesday downgraded state-run lenders Central Bank of India and Indian Overseas Bank's local and foreign currency deposit ratings, anticipating low level of support from the government to these banks.
Mar 03, 2015, 17:51 PM IST
