By Dravida Thambi
ChennaiIn a fresh row over “Hindi imposition” in Tamil Nadu, the manager of the Indian Overseas Bank (IOB), Jayamkondam branch in Ariy...Read More
By FPJ Web Desk
According to the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN), several transactions went through Indian banks t...Read More
Indian Overseas Bank on Thursday posted a net profit of Rs 121 crore for June quarter 2020 mainly due to fall in bad loans. The state-ow...Read More
State-owned Indian Overseas Bank (IOB) on Saturday said the government has nominated it for collection of donations for PM-Cares Fund.
Chennai: Public sector Indian Overseas Bank unveiled a healthcare insurance policy through online platform in association with Universal ...Read More
Mumbai: Government-owned Indian Overseas Bank has identified 32 assets for sale, including prime properties in Singapore and Hong Kong, t...Read More
New Delhi: The CBI has carried out searches at six locations in Mumbai in connection with a Rs 1,400-crore loan default allegedly by an a...Read More
By FPJ Bureau
MUMBAI: Shares of PSBs jumped up to 19%, Thursday after the Finance Ministry announced infusion of Rs 48,239 crore in 12 such lenders in ...Read More
New Delhi: The government will infuse Rs 42,000 crore in the state-owned banks by March-end and the next tranche would be released as ear...Read More
By Staff Reporter
Mumbai: Finally some banks have shown signs of decline in their NPA ratio, this decline was seen in two or more successive quarters.
Move to help lenders meet capital requirement
Mumbai : Bank of Baroda along with Indian Overseas Bank and Andhra Bank are in advanced discussions with a possible buyer to sell their s...Read More
PNB’s capital adequacy falls to 9.2%, IOB’s at 9.25% at March-end
Mumbai : After having narrowly escaped bankruptcy in October, Jai Balaji Industries is, once again, facing insolvency as the State Bank o...Read More
London: Absconding tycoon Vijay Mallya has lost a major lawsuit in UK. It was filed by Indian banks which are seeking to collect more tha...Read More
STC is in the process of restructuring of listed entity on account of such existing debts and necessary actions in fraud/default this res...Read More
Nifty falls 110 points, investors lose Rs 4.30 L-cr in 5 sessions.
Mumbai: Global rating agency Moody‘s today upgraded its outlook on the state-run lenders Central Bank of India and the Indian Overseas Ba...Read More
Mumbai : Indian Overseas Bank (IOB) has invited initial bids from asset reconstruction companies, banks, financial institutions, and non-...Read More
New Delhi : The finance ministry has sought help of the government think-tank NITI Aayog and other global consultancy firms to examine th...Read More