INDIAN OVERSEAS BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/01/2025 ,inter alia, to consider and approve the Unaudited (Reviewed) Standalone And Consolidated Financial Results of the Bank For the Quarter And Nine Months Ended On 31st December, 2024

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Indian Overseas Bank

15 Jan 2025

39.40

0.41%

IOB to auction 11,434 crore NPA portfolio as Govt mulls stake sale

Business Line

The development comes amid reports that the government is considering allowing the Department of Investment and Public Asset Management (DIPAM) to divest stakes in five public sector banks, including IOB

Indian Overseas Bank is trading above its 50 day SMA of 38.4

Indian Overseas Bank

15 Jan 2025

39.40

0.41%

Indian Overseas Bank Share Price Records Worst Fall In Over Seven Months

NDTV Profit

Indian Overseas Bank stock saw a large deal, in which, 14.92 lakh shares changed hands in the company at Rs 50.86 per share.

Number of FII/FPI investors increased from 45 to 60 in Mar 2025 qtr.

Indian Overseas Bank

10 Jan 2025

39.40

0.41%

Company Update

INDIAN OVERSEAS BANK - 532388 - Reply To Clarification Sought By The Exchange

BSE India

Reply to clarification sought by the exchange

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Indian Overseas Bank

10 Jan 2025

39.40

0.41%

Company Update

INDIAN OVERSEAS BANK - 532388 - Clarification sought from Indian Overseas Bank

BSE India

The Exchange has sought clarification from Indian Overseas Bank on January 10, 2025, with reference to news appeared in https://www.business-standard.com dated January 10, 2025 quoting "Indian Overseas Bank to sell Rs 11,500 cr NPAs to boost asset quality" The reply is awaited.

Indian Overseas Bank

10 Jan 2025

39.40

0.41%

Corp. Note

INDIAN OVERSEAS BANK - 532388 - Announcement under Regulation 30 (LODR)-Interest Rates Updates

BSE India

Change in MCLR

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Indian Overseas Bank

09 Jan 2025, 11:03PM

39.40

0.41%

Indian Overseas Bank to sell Rs 11,500 cr NPAs to boost asset quality

Business Standard

State-run Indian Overseas Bank on Thursday said it is selling non-performing assets of Rs 11,500 crore to asset reconstruction companies. The Chennai-headquartered lender said it is selling 46 loan accounts and invited expressions of interest from the ARCs, according to an official statement. The sale will be conducted through an e-auction under the open auction method on a portfolio basis, it said, adding that the portfolio comprises accounts financed under a consortium arrangement, with some admitted under NCLT. Prospective buyers can bid on a portfolio basis, individual accounts, or groups of accounts, it added. IOB Managing Director and Chief Executive Ajay Kumar Srivastava said when it comes to resolving stress, it wants to focus on value maximisation through recovery measures, including invoking SARFAESI actions, compromise settlements, and sales to ARCs. Eligible ARCs and other transferees can submit their EoI by January 18 to participate in the e-auction scheduled for Janu