Company Overview and News


Add 532388
to your dashboard

Headline News

Indian Overseas Bank - Corrigendum

2018-01-19 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

MMTC plans a full-fledged portal for transaction of gold and silver

2018-01-12 business-standard
State owned trading entity MMTC Ltd has decided to go for revamp of its e-commerce operations. The company has plans to put in place a full-fledged portal for transaction of gold and silver. "The idea is to expand the retail footprint for gold and silver. MMTC wants to reach out to a wider customer base through a dedicated portal for bullion transactions. Though we have a site for e-procurement, it needs to be substantially upgraded”, said a senior MMTC executive. (3-0)

Indian Overseas Bank - Updates

2018-01-08 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Indian Overseas Bank - Updates

2018-01-08 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Indian Overseas Bank - Updates

2018-01-08 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Set-off is to facilitate minority investors to read our balance sheet clearly: IOB

2018-01-08 moneycontrol
Indian Overseas Bank (IOB) will use reserves and surplus to write-off accumulated loss. This is the first time in the last ten years that a bank is using share premium to write-off losses.

Indian Overseas Bank - Shareholders meeting

2018-01-08 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Banking sector wrap: New Rs 10 notes in the offing, SBI reviews minimum balance

2018-01-06 moneycontrol
For banks, the first week of 2018 revolved more around the new currency notes in the market along with State Bank of India  (SBI) facing a backlash on the amount it earned from penalties from customers for non-maintenance of minimum balance in the bank accounts. While, Insolvency and Bankruptcy Code (IBC) continued to play its course in the courts. (1-0)

IOB rallies over 10% as board okays $1.1 bn write-off

2018-01-05 thehindubusinessline
Shares of Indian Overseas Bank rallied as much as 10.2 per cent to Rs 25.40 as the board has approved $1.1 billion write-off. The stock hit its highest since November 7; it posts biggest intraday percentage gain since October 25.

Sensex, Nifty, Midcap at fresh record closing high; banking financials lead

2018-01-05 moneycontrol
The market extended gains for second consecutive session on Friday as benchmark indices and broader markets ended at fresh record closing high. The rally was driven by positive global cues and also hopes that the government may be meeting its fiscal deficit target of 3.2 percent of GDP. (32-0)

Indian Overseas Bank - Shareholders meeting

2018-01-05 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

SBI likely to slash minimum balance requirement for savings accounts

2018-01-05 moneycontrol
State Bank of India, the country's largest bank, is likely to slash by about 70 percent minimum average balance requirement, which at present is at Rs 3,000 for metros, Rs 2,000 for semi-urban areas and Rs 1,000 for rural areas. It also plans to change the mandate to quarterly balance from monthly requirement. (4-0)

Market Live: Sensex, Nifty hit fresh record highs; Metal index top gainer

2018-01-05 moneycontrol
10:01 am Buzzing: Shares of Orbit Exports touched 52-week high of Rs 190, rising nearly 5 percent in morning as company s going to consider buyback of its equity shares. (17-0)

IOB surges 9% as bank to use share premium balance to write off losses

2018-01-05 moneycontrol
Shares of Indian Overseas Bank (IOB) gained 9 percent in the early trade on Friday as bank decided to utilise share premium balance to write off the accumulated losses.

SBI likely to slash minimum balance requirement for savings accounts by 75%

2018-01-05 moneycontrol
State Bank of India, the country's largest bank, is likely to slash by 75 percent minimum average balance requirement, which at present is at Rs 3,000 for metros, Rs 2,000 for semi-urban areas and Rs 1,000 for rural areas. It also plans to change the mandate to quarterly balance from monthly requirement. (4-0)