Indian Overseas Bank News and Updates

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Indian Overseas Bank

28 Feb 2025

38.89

-0.94%

IOB sets record date for payment of coupons for THESE bonds. Details here

livemint

Indian Overseas Bank announced coupon payments for its Basel III Tier II Bonds Series IV and V in March 2025, with Series IV due April 2. IOB shares fell 4.6%, recording an intraday low of 43.51 amid broader market sell-offs.

Indian Overseas Bank is trading below its 30 day SMA of 39.0

Indian Overseas Bank

25 Feb 2025

38.89

-0.94%

Central Bank, IOB, UCO Bank rise up to 4% in trade on Feb 25; here's why

Business Standard

The uptick in these stocks came after the DIPAM invited bids from merchant bankers to assist the government in its planned stake sale in public sector banks and listed financial institutions

Indian Overseas Bank is trading below its 30 day SMA of 39.0

Indian Overseas Bank

25 Feb 2025

38.89

-0.94%

Stocks to buy under 100: Experts pick four intraday stocks for today 25 February 2025

livemint

Stocks to buy under 100: Experts pick four intraday stocks for today NACL, Andhra Paper, Indian Overseas Bank or IOB, and Starlog Enterprises

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

Indian Overseas Bank

22 Jan 2025

38.89

-0.94%

IOB mops up 17,000 cr fresh CASA business, targets 5,500 cr NPA Recovery for FY25

Business Line

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

Indian Overseas Bank

20 Jan 2025

38.89

-0.94%

Indian Overseas Bank Q3 Earnings: Net Profit Rises 21% To Rs 874 Crore

NDTV Profit

The Chennai-based bank had earned a net profit of Rs 723 crore in the previous year's similar period.

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

IOB reports robust Q3 performance with higher profits & improved asset quality

Business Line | 20 Jan 2025 3 more

Indian Overseas Bank

20 Jan 2025

38.89

-0.94%

to see Rapid results content

Indian Overseas Bank

15 Jan 2025

38.89

-0.94%

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

38.89

-0.94%

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.

Indian Overseas Bank has lost -38.92% in the last 1 Year

Indian Overseas Bank

09 Jan 2025

38.89

-0.94%

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