Indian Overseas Bank

Indian Overseas Bank shares jump 20 per cent as RBI removes it from PCA framework

The bank has provided a written commitment that it would comply with the norms of Minimum Regulatory Capital, Net NPA and Leverage ratio on an ongoing basis, it added.

published on : 30th September 2021

Pitch perfect: Sreejesh and Rupinder's journey from Tamil Nadu to Tokyo

Both of them were employed by Indian Overseas Bank (IOB) in Chennai in their formative years and even played for Hockey Unit of Tamil Nadu (HUTN) in a few national tournaments.

published on : 10th August 2021

Indian Overseas Bank profit doubles to Rs 327 crore in Q1

Total income during Q1FY22, however, was down at Rs 5,155 crore as against Rs 5,234 crore in Q1FY21, Indian Overseas Bank said in a regulatory filing.

published on : 3rd August 2021

Sakthi Sugars settles loan with IOB for Rs 29 crore against outstanding amount of Rs 50 crore

This development comes after the bank lodged an application with the National Company Law Tribunal last year, to start corporate insolvency resolution process against Sakthi Sugars.

published on : 30th June 2021

IOB Q4 net profit doubles to Rs 350 crore, approaches RBI to withdraw PCA tag

The bank has also exhibited a stellar show in full fiscal year after suffering losses for six consecutive years.

published on : 15th June 2021

Indian Overseas Bank Q4 profit rises over 2-folds to Rs 350 crore

Provisions for bad loans and contingencies for the reported quarter increased to Rs 1,380.46 crore as against Rs 1,060.38 crore parked aside in the corresponding period a year earlier.

published on : 14th June 2021

Hong Kong branches of PNB, IOB under supervisory oversight as capital ratio slip below RBI norms

At the end of March, 2018, total capital ratio as per the Basel- III norms declined to 9.20 per cent for PNB as against 11.66 per cent at the end of March 2017, according to a filing by PNB.

published on : 14th June 2018