RBI restricts gold imports by banks to ease pressure on CAD

Indian Hotels Company (IHCL) is seeking Reserve Bank of India's (RBI) nod to divert its international operations into a new company. The company is planning to bring all its overseas hotel assets under this step-down holding company, and afterwards ...

Indian Overseas Bank reported a decline in its fourth quarter net profit at Rs 58.60 crore, against Rs 528.88 crore earned during the corresponding quarter of the previous year.

12:30 pm Cobrapost is not hopeful of the Reserve Bank of India taking a tough stand on money laundering, even after the latest expose which showed leading state-owned banks , Life Insurance Corporation and private insurers being party to the racket.

Indian Overseas Bank (IOB), the public sector bank, has set a target to recover Rs 2,500 crore from bad loans in FY2014, against Rs 1,700 crore recovered in FY2013. The bank has given its branch managers power to enter into one-time settlement with ...

NSE: CM: INB 231109431 FO: INF 231109431 CURRENCY DERIVATIVES: INE 231109431 BSE: CM: INB 011109437 FO: INF 011109437 AMFI ARN NO. 13549 IRDA - CORPORATE AGENT .LICENCE NO. 2806925 COMPANY REGISTRATION

Business India News: Chennai, A press release from the Central Bureau of Investigation (CBI) said here today, the Special Judge for CBI Cases, Chennai has convicted R. Lakshmi Narasimhan, then Assistant Manager of Indian Overseas Bank (IOB), ...

Indian Overseas Bank, whose net profit in January-March tumbled 89 percent on year on sharp spike in provision expects the non-performing assets to come down going forward on restructuring of loans.

A manager of the Indian Overseas Bank, Gariahat branch, was arrested on Thursday in connection with the Rs 60 crore fixed deposit scam.

Indian Overseas Bank (IOB) has said it will look at raising $2 billion through medium term note (MTN) and said it would also look at rights issue and FPO to raise around Rs 2,350 crore to support its 18-20 per cent growth target during the current fiscal.