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CHENNAI: Public sector Indian Overseas Bank (IOB) has raised Rs 1,436 crore through qualified institutional placement (QIP). More than 62% of the total shares under the QIP process was allotted to ...

CHENNAI: Indian Overseas Bank (IOB) on Thursday launched a qualified institutional placement (QIP) to raise Rs 2,000 crore. This will bring down the Centre's shareholding in the state-run bank.

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Public sector lender Indian Overseas Bank (IOB) has received a Notice of Demand from the Income Tax Department’s Assessment Unit for the Assessment Year 2023-24, with a tax demand of ₹558.96 ...

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IOB Q3 Results: Net profit soars 22% YoY to Rs 555 cr on rise in NII The bank's net interest margin for the quarter improved to 3.27% as against 2.4% in the year-ago period, helped by a 12 basis ...

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