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Maha Kumbh showed unity in diversity: PM Modi in Parliament | Think twice before travelling outside US: Indians with H-1B, F-1 visas, green cards warned by immigration attorneys | Mamata Banerjee visits Furfura Sharif, slams Opposition for questioning her intent ahead of 2026 polls | Left, BJP call Mamata's Oxford University invitation fake PhD deja vu, TMC hits back | Violence breaks out in Nagpur over call to remove Aurangzeb's tomb, Fadnavis appeals for peace | Ballet dance between dragon, elephant is the only choice: China after Modi's 'positive' remarks in Lex Fridman podcast | PM Modi meets Tulsi Gabbard, discusses ways to enhance cooperation for tackling terrorism | Trump, Modi are focused on strengthening shared interests of India and US: Tulsi Gabbard | Orry in legal trouble for drinking at Katra hotel near Vaishno Devi pilgrimage site in Jammu and Kashmir | Tamil Nadu: BJP leader Tamilisai Soundararajan detained during protest against TASMAC scam
RBI penalizes Citibank, BoB, and IOB for non-compliance with norms

RBI penalizes Citibank, BoB, and IOB for non-compliance with norms

Nov 25, 2023, at 04:57 am

Mumbai: The Reserve Bank of India (RBI) on Friday slapped monetary fines on Citibank, Bank of Baroda, and Indian Overseas Bank for violations of regulations.

PNB, IOC, DCB Bank to offer AT1 bonds; issue at premium rates likely: Report

PNB, IOC, DCB Bank to offer AT1 bonds; issue at premium rates likely: Report

Mar 23, 2023, at 02:23 am

Mumbai: Punjab National Bank (PNB), Indian Overseas Bank (IOB), and DCB Bank may need to offer higher interest rates on their bonds as they prepare to sell them during a period when global banks are facing significant pressure, according to a report published in The Economic Times (ET).

IOB Q3 net profit moves up by 22 pct

IOB Q3 net profit moves up by 22 pct

Feb 11, 2023, at 12:10 am

New Delhi: The Indian Overseas Bank has recorded a 22 percent rise in net profit for the third quarter of Financial Year 2022-23 (FY23) at Rs 555 crore.

Indian Overseas Bank to raise Rs 1,000 cr through QIP route; to focus on capital-light and rated accounts

Indian Overseas Bank to raise Rs 1,000 cr through QIP route; to focus on capital-light and rated accounts

Aug 08, 2022, at 10:17 pm

Chennai/Kolkata: Public sector lender Indian Overseas Bank (IOB) is looking to raise up to Rs 1,000 crore under Common Equity Tier (CET) through qualified institutional placements (QIP) to boost profitability, bank's MD and CEO Partha Pratim Sengupta said.