Indian overseas bank
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Indian overseas bank - Total results - 41
May 19, 2017
SBI Q4 result is a silver lining for state-run banks, but it doesn’t mean all is wellAn excellent case study for the Modi-government to find out what is wrong with the sarakri banks that private lenders have cracked
Apr 25, 2017
Delhi High Court issues notice to CBI on plea against P Chidambaram's kin in hotel grabbing caseThe Delhi High Court on Tuesday sought the CBI's response on a plea alleging that a woman, related to former Union minister P Chidambaram, has grabbed a hotel in Tamil Nadu in collusion with the officials of a public sector bank.
Mar 23, 2017
RBI puts four public sector banks under watch on asset quality concernsThese banks have been advised by both the Finance Ministry and the RBI to improve their financials, look for avenues for capital infusion and create a self-sustaining model by selling assets, they added.
Aug 10, 2016
IoB bad loans at 20%: A wake up call for PM Modi to rethink aversion on privatisationThe solution is once the ongoing clean up exercise repairs the books of these banks, the government should work out a road map to privatise these entities
Jul 25, 2016
Weaker banks IOB, Central Bank to benefit from govt's capital infusion: Moody'sLast week, the government announced a Rs 22,915 crore capital infusion into 13 PSBs. Of this, IOB received Rs 3,101 crore and Central Bank got Rs 1,729 crore
Mar 11, 2016
Deteriorating asset quality: Crisil downgrades 8 PSBs, revises outlook to negative in 5 othersArray
Feb 17, 2016
#NotEnough: How to fix the Good, the Bad and the Ugly in Indian PSU banking landscapeWith gross NPAs at a massive level of Rs 72,792 crore, the sheer volume of rotten apples in SBI’s basket is huge and capable of contaminating others
Feb 10, 2016
IOB Q3 net loss widens to Rs 1,425 cr on mounting bad loansIndian Overseas Bank (IOB) today reported widening of net loss to Rs 1,425.06 crore for the December quarter on the back of higher provisioning against bad loans.
Nov 06, 2015
SBI manages yet another good quarter, but bad loan worries aren’t over for the sectorAccording to Moody’s the rise in bad loans on the books of Indian banks will continue at a slower pace on account of improving economic scenario.
Jul 28, 2015
Surging bad loans: Govt is worsening the problem by delaying public bank fundingThe survival of state-run banks in the long-term is inevitably linked to the government’s willingness to cut stake in public banks and letting these banks raise capital