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Equities trade higher, Nifty PSU up 2.6 pc on privatisation buzz
Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], February 16 (ANI): Equity benchmark indices continued with positive momentum during early hours on Tuesday tracking strong global cues with investors hoping for a quick economic recovery.
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CBI books 6 former IOB officials, others for misappropriation of f
Updated : 2 months, 2 weeks ago IST
New Delhi [India], January 29 (ANI): The Central Bureau of Investigation (CBI) has registered a case against six former officials of the Indian Overseas Bank, Vijayawada and Guntur and unknown persons and public servants alleging misappropriation of depositor's money.
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Around Rs 56 lakhs looted from bank in Agra; accused absconding
Updated : 3 months, 4 weeks ago IST
Agra (Uttar Pradesh) [India], December 16 (ANI): Four people looted nearly Rs 56 lakhs from a branch of Indian Overseas Bank at Rohta in Agra on Tuesday, police said.
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IOB posts Q1 net profit of Rs 121 crore
Updated : 7 months, 3 weeks ago IST
Chennai (Tamil Nadu) [India], August 20 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday posted a net profit of Rs 121 crore in April to June quarter as against a net loss of Rs 342 crore for the corresponding period of last fiscal year.
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Partha Pratim Sengupta appointed new MD, CEO of Indian Overseas Ba
Updated : 8 months, 3 weeks ago IST
Chennai (Tamil Nadu) [India], July 25 (ANI): Partha Pratim Sengupta, Deputy Managing Director and Chief Credit Officer at State Bank of India, has been appointed as the new Managing Director and Chief Executive Officer of Indian Overseas Bank.
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RBI appoints advisory panel to assist administrator of DHFL
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 22 (ANI): The Reserve Bank of India (RBI) on Friday appointed a three-member advisory committee to assist R Subramaniakumar, the former Managing Director and CEO of Indian Overseas Bank who recently took over the administrator for Dewan Housing Finance Corpo
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IOB reduces lending rates for retail segment from Nov 1
Updated : 1 year, 6 months ago IST
Chennai (Tamil Nadu) [India], Oct 10 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday announced a reduction in its interest rate for the retail segment (housing, vehicle, education and clean loans) as well as micro and small enterprises by 25 basis points.
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IOB lowers net loss to Rs 342 crore in Q1
Updated : 1 year, 8 months ago IST
Chennai (Tamil Nadu) [India], July 23 (ANI): The government-owned Indian Overseas Bank (IOB) on Tuesday reported a net loss of Rs 342 crore during the April to June quarter of current fiscal versus a loss of Rs 919 crore in Q1 of FY19.
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IOB to sell non-core assets for raising Rs 900 crore in FY 19
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Government-owned Indian Overseas Bank has identified 32 assets for sale, including prime properties in Singapore and Hong Kong, to raise about Rs 900 crore in the current financial year 2019-20.
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Indian Overseas Bank reduces interest rate on loans by 5 bps
Updated : 2 years ago IST
Chennai (Tamil Nadu) [India], Apr 9 (ANI): Taking a cue from recent policy measures announced by Reserve Bank of India (RBI), Indian Overseas Bank reduced its interest rate on loans by 5 basis points for periods of one year and above.
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Rs. 45 lakh looted from bank in Odisha
Updated : 2 years, 9 months ago IST
Rourkela (Odisha) [India], June 19 (ANI): Seven unidentified miscreants looted Rs. 45 lakh from Indian Overseas Bank in Rourkela on Tuesday morning.
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Monkey snatches Rs. 2 lakh cash bag from man
Updated : 2 years, 10 months ago IST
Agra (Uttar Pradesh) [India] May 30(ANI): A monkey on Wednesday snatched a bag full of two lakh rupees from a father and daughter at the entrance of Indian Overseas Bank at Dhankaran intersection in Navi's mandi in Agra.
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