Indian Overseas Bank Shares
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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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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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Sensex Falls Over 400 Points, Nifty Near 15,100 Dragged By Private Banks
State-run banking shares rallied for third day in a row paced by gains in Indian Overseas Bank's 20 per cent gain
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Select State-Run Banks Soar For Second Straight Day On Privatisation Buzz
Indian Overseas Bank, Bank of India, Central Bank of India and Bank of Maharashtra shares rallied as much as 20 per cent for the second day on reports that the government has shortlisted the four banks for privatisation
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Select State-Run Lenders Rally On Report Of Potential Privatisation
Shares of Indian Overseas Bank, Bank of India, Central Bank of India and Bank of Maharashtra rallied as much as 20 per cent
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Allahabad Bank, UCO Bank, Indian Overseas Bank Get Rs 8,655 Crore Fund Infusion
"We wish to inform that the Bank has received via letter on December 26 a sanction from Government of India for release of Rs 4,360 crore towards contribution of the Central Government in the preferential allotment of equity shares (Special Securities/Bonds) of the Bank during the financial year 2019-20 as Government's investment," Indian Overseas ...
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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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PNB-Nirav Modi Fraud: What Had Transpired At Mumbai's Brady Road Branch
Nirav Modi, and the firms he controls, allegedly leveraged the loopholes in the banking system by seeking letters of undertaking (LoU) and raising credit from foreign banks to pay its merchants. An LoU is a bank guarantee issued for overseas import payments. For past seven years, Nirav Modi and his three firms-Diamond R Us, Solar Exports and Stella...
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Switzerland to Share Information on Indians Holding Swiss Bank Accounts From 2018
In a big step towards fighting black money stashed overseas, Switzerland today agreed to automatic sharing of information with India on Swiss bank accounts of Indians as of September 2018 and onwards.
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Indian Overseas Bank, Central Bank To Benefit From Capital Infusion: Moody's
Indian Overseas Bank and Central Bank of India will benefit from the government's recent capital infusion as they have got a higher share as a proportion of their share capital, Moody's said on Monday.
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PSU Banks Rise On Rs 23,000 Crore Fund Infusion
Shares of state-run lenders such as State Bank of India, Punjab National Bank, Bank of India, Canara Bank, Allahabad Bank, Indian Overseas Bank, Syndicate Bank and Bank of Baroda advanced 1-4 per cent today after the government announced Rs 22,915 crore fund infusion as part of first tranche of bank recapitalization of 13 lenders.
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Indian Overseas Bank Posts Rs 939 Crore Loss for March Quarter
Indian Overseas Bank on Friday posted a net loss of Rs 936.19 crore for the January-March quarter as provisions more than doubled due to spike in bad loans.
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Indian Overseas Bank To Raise Rs 261 Crore Through Shares
Indian Overseas Bank on Saturday said it will issue over 9 crore equity shares to qualified institutional buyers (QIBs) to raise about Rs 261 crore.
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State-Run Banks Fall Up To 3% as Crisil Downgrades 8 PSU Banks
The state-run banks whose ratings have been downgraded are Bank of India, Central Bank of India, Corporation Bank, Dena Bank, IDBI Bank, Indian Overseas Bank, Syndicate Bank and Uco Bank.
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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.
-
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.
-
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
-
Sensex Falls Over 400 Points, Nifty Near 15,100 Dragged By Private Banks
State-run banking shares rallied for third day in a row paced by gains in Indian Overseas Bank's 20 per cent gain
-
Select State-Run Banks Soar For Second Straight Day On Privatisation Buzz
Indian Overseas Bank, Bank of India, Central Bank of India and Bank of Maharashtra shares rallied as much as 20 per cent for the second day on reports that the government has shortlisted the four banks for privatisation
-
Select State-Run Lenders Rally On Report Of Potential Privatisation
Shares of Indian Overseas Bank, Bank of India, Central Bank of India and Bank of Maharashtra rallied as much as 20 per cent
-
Allahabad Bank, UCO Bank, Indian Overseas Bank Get Rs 8,655 Crore Fund Infusion
"We wish to inform that the Bank has received via letter on December 26 a sanction from Government of India for release of Rs 4,360 crore towards contribution of the Central Government in the preferential allotment of equity shares (Special Securities/Bonds) of the Bank during the financial year 2019-20 as Government's investment," Indian Overseas ...
-
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...
-
PNB-Nirav Modi Fraud: What Had Transpired At Mumbai's Brady Road Branch
Nirav Modi, and the firms he controls, allegedly leveraged the loopholes in the banking system by seeking letters of undertaking (LoU) and raising credit from foreign banks to pay its merchants. An LoU is a bank guarantee issued for overseas import payments. For past seven years, Nirav Modi and his three firms-Diamond R Us, Solar Exports and Stella...
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Switzerland to Share Information on Indians Holding Swiss Bank Accounts From 2018
In a big step towards fighting black money stashed overseas, Switzerland today agreed to automatic sharing of information with India on Swiss bank accounts of Indians as of September 2018 and onwards.
-
Indian Overseas Bank, Central Bank To Benefit From Capital Infusion: Moody's
Indian Overseas Bank and Central Bank of India will benefit from the government's recent capital infusion as they have got a higher share as a proportion of their share capital, Moody's said on Monday.
-
PSU Banks Rise On Rs 23,000 Crore Fund Infusion
Shares of state-run lenders such as State Bank of India, Punjab National Bank, Bank of India, Canara Bank, Allahabad Bank, Indian Overseas Bank, Syndicate Bank and Bank of Baroda advanced 1-4 per cent today after the government announced Rs 22,915 crore fund infusion as part of first tranche of bank recapitalization of 13 lenders.
-
Indian Overseas Bank Posts Rs 939 Crore Loss for March Quarter
Indian Overseas Bank on Friday posted a net loss of Rs 936.19 crore for the January-March quarter as provisions more than doubled due to spike in bad loans.
-
Indian Overseas Bank To Raise Rs 261 Crore Through Shares
Indian Overseas Bank on Saturday said it will issue over 9 crore equity shares to qualified institutional buyers (QIBs) to raise about Rs 261 crore.
-
State-Run Banks Fall Up To 3% as Crisil Downgrades 8 PSU Banks
The state-run banks whose ratings have been downgraded are Bank of India, Central Bank of India, Corporation Bank, Dena Bank, IDBI Bank, Indian Overseas Bank, Syndicate Bank and Uco Bank.
