Indian Overseas Bank News
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SBI Foundation Invites Applications For 13th Batch Of Youth For India Fellowship, Check Details
SBI Youth For India Fellowship: The programme is open to Indian citizens, Overseas Citizens of India (OCI), and citizens of Nepal and Bhutan, aged 21-32 years, who are eager to contribute to rural transformation.
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Overseas Financial Assets Of Indian Residents Fell By $43.9 Billion: Reserve Bank
According to the report, net claims of non-residents on India increased by $34.3 billion during the second quarter (Q2) of 2022-23 and stood at $389.6 billion in September 2022.
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Indian Overseas Bank Registers 33% Jump In Q2 Net Profit
Public sector Indian Overseas Bank has recorded a 33.2 per cent jump in its net profit for the second quarter ending September 30, 2022 at Rs 501 crore, the bank said on Sunday.
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RBI Penalises Indian Overseas Bank
RBI said on Friday it has imposed a monetary penalty of Rs 57.50 lakh on Indian Overseas Bank
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HDFC, Indian Overseas Bank Hike Lending Rates
The country's largest mortgage lender HDFC Ltd on Thursday announced a hike in its retail prime lending rate, while state-owned Indian Overseas Bank raised the repo-based lending rates.
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Indian Overseas Bank Shares Rise 4% After Reporting A 58% Jump In Profit
Indian Overseas Bank's shares gained over 4 per cent on Wednesday after it reported a near 58 per cent bounce in its net profit to Rs 552 crore in the March quarter.
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Indian Overseas Bank Rallies Over 12% After Exiting RBI's Corrective Action List
Indian Overseas Bank Share Price: On Thursday, Indian Overseas Bank opened on the BSE at Rs 23.95, swinging to an intra day high of Rs 26.60 and an intra day low of Rs 22.50, so far.
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RBI Lifts Indian Overseas Bank Out From Prompt Corrective Action Framework
The Reserve Bank of India (RBI) on Wednesday decided to remove Indian Overseas Bank from the Prompt Corrective Action (PCA) Framework.
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Indian Overseas Bank Soars 50% In Three Sessions On Privatisation Report
Indian Overseas Bank is quoting at Rs 18.80, up 19.75 per cent on the day on the NSE rallying for the third straight session as the government has reportedly shortlisted four banks for privatisation
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Indian Overseas Bank Gets Rs 4,360 Crore Capital Infusion
The bank had said it would receive capital infusion of Rs 4,360 crore from government in the current financial year for meeting the regulatory norms.
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Rupee Hits New All-Time Low Of 71.96 Against US Dollar. 10 Things To Know
The Indian rupee hit an intraday low of 71.96 against the US dollar on Wednesday as simmering trade tensions continued to hurt emerging market currencies, reported news agency Reuters. According to dealers, the fall in rupee is also due to sudden bouts of dollar-buying by banks and importers. Earlier, the rupee resumed higher at 71.43 against Tuesd...
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Monkey Snatched Bag Filled With Rs 2 Lakh Cash, Claims UP Man
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, reports news agency ANI.
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Government Okays Rs 1,100 Crore Capital Infusion In Indian Overseas Bank
The bank said it has received a communication from the Finance Ministry for a capital allocation of Rs 1,100 crore as part of turnaround linked capital infusion plan.
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Expose On Overseas Black Money Of Indians Being Pursued: Arun Jaitley
India has filed 164 prosecution cases against alleged holders of illegal overseas accounts with HSBC bank, amounting to an assessment of Rs 8,000 crore, Finance Minister Arun Jaitley said.
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Indian Overseas Bank, UCO Bank Post Q1 Loss As Bad Loans Jump
State-run Indian Overseas Bank, which has the highest bad loan ratio among the nation's lenders, reported a first-quarter net loss of Rs 1,451 crore with a further rise in its sour assets.
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SBI Foundation Invites Applications For 13th Batch Of Youth For India Fellowship, Check Details
SBI Youth For India Fellowship: The programme is open to Indian citizens, Overseas Citizens of India (OCI), and citizens of Nepal and Bhutan, aged 21-32 years, who are eager to contribute to rural transformation.
-
Overseas Financial Assets Of Indian Residents Fell By $43.9 Billion: Reserve Bank
According to the report, net claims of non-residents on India increased by $34.3 billion during the second quarter (Q2) of 2022-23 and stood at $389.6 billion in September 2022.
-
Indian Overseas Bank Registers 33% Jump In Q2 Net Profit
Public sector Indian Overseas Bank has recorded a 33.2 per cent jump in its net profit for the second quarter ending September 30, 2022 at Rs 501 crore, the bank said on Sunday.
-
RBI Penalises Indian Overseas Bank
RBI said on Friday it has imposed a monetary penalty of Rs 57.50 lakh on Indian Overseas Bank
-
HDFC, Indian Overseas Bank Hike Lending Rates
The country's largest mortgage lender HDFC Ltd on Thursday announced a hike in its retail prime lending rate, while state-owned Indian Overseas Bank raised the repo-based lending rates.
-
Indian Overseas Bank Shares Rise 4% After Reporting A 58% Jump In Profit
Indian Overseas Bank's shares gained over 4 per cent on Wednesday after it reported a near 58 per cent bounce in its net profit to Rs 552 crore in the March quarter.
-
Indian Overseas Bank Rallies Over 12% After Exiting RBI's Corrective Action List
Indian Overseas Bank Share Price: On Thursday, Indian Overseas Bank opened on the BSE at Rs 23.95, swinging to an intra day high of Rs 26.60 and an intra day low of Rs 22.50, so far.
-
RBI Lifts Indian Overseas Bank Out From Prompt Corrective Action Framework
The Reserve Bank of India (RBI) on Wednesday decided to remove Indian Overseas Bank from the Prompt Corrective Action (PCA) Framework.
-
Indian Overseas Bank Soars 50% In Three Sessions On Privatisation Report
Indian Overseas Bank is quoting at Rs 18.80, up 19.75 per cent on the day on the NSE rallying for the third straight session as the government has reportedly shortlisted four banks for privatisation
-
Indian Overseas Bank Gets Rs 4,360 Crore Capital Infusion
The bank had said it would receive capital infusion of Rs 4,360 crore from government in the current financial year for meeting the regulatory norms.
-
Rupee Hits New All-Time Low Of 71.96 Against US Dollar. 10 Things To Know
The Indian rupee hit an intraday low of 71.96 against the US dollar on Wednesday as simmering trade tensions continued to hurt emerging market currencies, reported news agency Reuters. According to dealers, the fall in rupee is also due to sudden bouts of dollar-buying by banks and importers. Earlier, the rupee resumed higher at 71.43 against Tuesd...
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Monkey Snatched Bag Filled With Rs 2 Lakh Cash, Claims UP Man
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, reports news agency ANI.
-
Government Okays Rs 1,100 Crore Capital Infusion In Indian Overseas Bank
The bank said it has received a communication from the Finance Ministry for a capital allocation of Rs 1,100 crore as part of turnaround linked capital infusion plan.
-
Expose On Overseas Black Money Of Indians Being Pursued: Arun Jaitley
India has filed 164 prosecution cases against alleged holders of illegal overseas accounts with HSBC bank, amounting to an assessment of Rs 8,000 crore, Finance Minister Arun Jaitley said.
-
Indian Overseas Bank, UCO Bank Post Q1 Loss As Bad Loans Jump
State-run Indian Overseas Bank, which has the highest bad loan ratio among the nation's lenders, reported a first-quarter net loss of Rs 1,451 crore with a further rise in its sour assets.
