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 ...

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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.

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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Chennai-based Indian Overseas Bank recorded a 40 percent growth in net profit for the quarter ended December 2023 on controlling non-performing loans and lower provisioning. The bank kept aside Rs ...

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