Latest News on Indian Overseas Bank
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Indian Overseas Bank - Total results - 63
Oct 26, 2018
Indian Overseas Bank's Q2 net loss narrows at Rs 487 cr on lower provisions; gross NPAs rise to 24.73%In absolute terms, Indian Overseas Bank's gross NPAs rose to Rs 37,109.96 crore as on 30 September, 2018 from Rs 34,708.59 crore by September 2017
Jul 25, 2018
Government's plan to infuse Rs 11,336 cr in five public sector banks is credit positive, says Moody'sThe government will infuse Rs 2,816 crore in Punjab National Bank (PNB), Rs 1,790 crore in Allahabad Bank, Rs 2,019 crore in Andhra Bank, Rs 2,157 crore in Indian Overseas Bank and Rs 2,555 crore in Corporation Bank.
Jul 23, 2018
Punjab National Bank receives Rs 2,816 crore as part of government's capital infusion planThe government has approved capital infusion in five public sector lenders, namely PNB, Allahabad Bank, Andhra Bank, Indian Overseas Bank and Corporation Bank.
Jul 17, 2018
Bank Recapitalisation: Finance ministry approves infusion of Rs 11,336 crore in five public sector banksPunjab National Bank (PNB), hit by Nirav Modi scam, will get the highest amount of Rs 2,816 crore, while Allahabad Bank to get Rs 1,790 cr, Andhra Bank Rs 2,019 cr, Indian Overseas Bank Rs 2,157 cr and Corporation Bank - Rs 2,555 cr
Jun 29, 2018
PNB fraud: Hong Kong banking regulator cracks down on Indian lenders operating in the SAR over suspected irregularitiesBarring the SBI and a private bank, almost all Indian banks in Hong Kong have been subjected to a review and supervisory measures by the Hong Kong Monetary Authority (HKMA)
Jun 28, 2018
SBI to shut down 9 more foreign branches as part of rationalisation; capital a 'constraint' for most banks: Pravin GuptaSBI has operations in 36 countries with 190 branches,
Jun 25, 2018
Bad loans issue: Heads of 11 PSBs to appear before parliamentary committee tomorrowThe rising number of bad loans and frauds has become a serious cause of concern.
Jun 14, 2018
Hong Kong branches of PNB, IOB under supervisory oversight as capital ratio slip below RBI normsHong Kong-based branches of Punjab National Bank and Indian Overseas Bank have been put under enhanced supervisory oversight and barred from proactively soliciting customer deposits by the Hong Kong Monetary Authority as the capital adequacy ratio of the two lenders fell below the regulatory requirements
May 15, 2018
PNB scam: Top officials of bank 'misrepresented' factual position on LoUs to RBI, says CBI charge sheetThe agency has said then PNB MD and CEO Usha Ananthasubramanian and her top officials also failed to prevent the fraud despite having knowledge of the modus operandi, according to sources
May 14, 2018
Bad loans mess: Finance Ministry mulling innovative ways to deal with banks' NPA provisionsGross NPAs of scheduled commercial banks as on 31 December, 2017 due to loans to industry were at Rs 6,09,222 crore, accounting for 20.41 percent of the gross advances.