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About 254 results for "indian overseas bank"

51 images for indian overseas bank, 1 week ago
Financial Express, 2 days ago
Financial Express, 1 week ago
Money Control, 1 week ago
New Indian Express, 4 weeks ago, 1 week ago, 1 month ago
India Infoline, 2 months ago
Financial Express, 2 months ago
Business Standard, 2 months ago
Money Control

IOB, Central Bank to gain from capital infusion: Moody’s

Indian Overseas Bank and Central Bank of India will benefit from the Governments recent capital infusion as they have got a higher share as a proportion of their share capital, Moodys said today. The capital infusion will improve their capitalisation at a ...
 Business Line2 days ago Additional capital infusion positive for IOB, Central Bank: Moody's  Business Standard2 days ago IOB, Central Bank to benefit from capital infusion: Moody's  Money Control2 days ago ‘IOB, Central Bank to benefit from capital infusion’  The Financial Chronicle2 days ago

Govt pumps in Rs 22,915 crore capital in 13 PSU banks to boost credit growth

Out of the Rs 22,915 crore, State Bank of India (SBI) received Rs 7,575 crore followed by Indian Overseas Bank (Rs 3,101 crore) and Punjab National Bank (Rs 2,816 crore) The post Govt pumps in Rs 22,915 crore capital in 13 PSU banks to boost credit growth ...
 First Post.com1 week ago Govt releases first tranche of Rs 22,915 cr fund infusion in 13 PSU banks  First Post.com1 week ago Govt releases Rs 23,000 cr to recapitalise 13 PSU banks  Business Standard1 week ago Indian Overseas Bank goes in recovery mode  Smart Investor2 weeks ago

Select PSU banks gain on capital infusion by government

SBI, Canara Bank, Indian Overseas Bank, IDBI Bank and Bank of Baroda were trading higher by up to 3% on NSE.
 Business Standard1 week ago

Banks get Rs 22,915-crore lifeline from centre

State Bank of India (Representational image) Funds will boost the badly needed capital of PSU banks. Centre on Tuesday allocated Rs 22,915 crore for the capitalisation of 13 Public Sector Banks to check risks in the banking industry and also to sustain loan ...
 Asian Age1 week ago Capital Infusion in Banks (With 13 banks recapitalised with Rs.22,915 crore, analysts say more needed (Second Lead) )  Prokerala1 week ago PSU bank stocks in focus after government announces fund infusion  Sify1 week ago Govt Allocates Rs 22,195 Crore Capital Into 13 PSU Banks  One India1 week ago

UPDATE 1-India to inject $3.4 bln in state banks to revive credit growth

* SBI to get 75.75 bln rupees, IOB to get 31.01 bln * Funding part of 700 bln-rupee bank recapitalisation plan (Adds details) NEW DELHI/MUMBAI, July 19 (Reuters) - India will inject229.15 billion rupees ($3.41 billion) in 13 state-run banks tohelp shore up ...
 Sify1 week ago India to inject $3.4 billion in state banks to revive credit growth  Sify1 week ago UPDATE 2-India to inject $3.4 bln into state banks to revive credit growth  Sify1 week ago India to inject $3.4 billion into state banks to revive credit growth  Sify1 week ago

Finmin to soon clear 1st tranche of capital infusion in PSBs

A man walks out of the State Bank of India main branch in Mumbai The Finance Ministry is likely to soon clear the first round of capital infusion in public sector banks (PSBs) that has been slated for the current financial year. The proposal for ...
 Smart Investor1 week ago Govt infusion in banks still short, say Icra & Fitch  Rediff.com6 days ago Govt's recent capital infusion in PSBs not enough, says Moody's  Deccan Herald5 days ago 'PSBs capital needs higher than budgeted amount'  The Financial Chronicle5 days ago

The sinking story of India's debt-ridden banks

A more prudent solution for a cash-strapped government would be to sell its stake in PSBs. The financial position of India’s public sector banks (PSBs) has deteriorated sharply over the past financial year.  As Table 1 shows, gross non-performing assets (NPAs) rose to 9.5 per cent of total advances in 2015-16, up from five per cent the year before. But as most banks didn’t adequately provide for these loans, it has put pressure on their solvency position. If PSBs were to ...
 Rediff.com2 days ago
International Business Times India

India's 26 state-run banks to create 6 large lenders after merger

Canara Bank and Bank of India (BoI) will see three small public sector banks merged into each of it creating larger banking entities, reported, citing Reuters. The move will set the stage for the government's ambitious plan of ...
 International Business Times India1 month ago proposed merger of banks  CAclubindia1 month ago #Indian Overseas Bank Archives - Firstpost  Firstpost.com1 month ago Mergers to salvage Indian banking industry: Banks Board Bureau  The Gulf Today1 month ago

Koteeswaran retires from IOB

R. Koteeswaran has demitted office as MD and CEO of Indian Overseas Bank upon superannuation. He took over the helm of the bank on 31 December 2014. Prior to this, he was ED, Bank of India, where he was responsible for strategic business ...
 Banking Frontiers3 weeks ago Indian Overseas Bank MD & CEO R Koteeswaran demits office  Business Standard3 weeks ago Indian Overseas Bank says R Koteeswaran resigns demits office as CEO  Reuters UK3 weeks ago
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