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CBI quizzes top Kingfisher, UB officials for the 2nd day

A consortium of banks led by State Bank of India wants to liquidate Mallya's assets to recover the loans.  Image: Prosecute Vijay Mallya for not paying taxes and clearing their dues, say......

A tale of two sinking banks

The experiences of HBOS and Indian Overseas Bank show that often loans make money for the lender in the initial years but losses come later when they turn bad, notes A V Rajwade. In one basic way,......

Reserve Bank pulls up bosses for IOB mess

  The Reserve Bank of India has initiated corrective action at Indian Overseas Bank on the grounds that its management is unable to revive it.IOB has reported low return on assets for four......

Govt infuses Rs 13,955 cr capital into 8 PSU banks

Bank of India, Canara Bank, Dena Bank, Corporation Bank and Andhra Bank are among the lenders that received capital infusion from the government. Eight public sector banks, including SBI, Punjab......

Central Bank tops list of highest NPAs among PSU banks

Central Bank of India has topped the list of public sector banks with maximum bad loans including restructured assets as a percentage of total advances. According to the data provided by the......
  Web results for Indian Overseas Bank
Moody's affirms ratings of 9 banks, downgrades IOB, CBI

Global rating agency Moody's today affirmed ratings of nine banks, including Bank of India, Punjab National Bank and Axis Bank, at Baa3/Prime-3,... ...

http://www.dnaindia.com/business/report-moody-s-affirms-ratings-of-9-banks-downgrades-iob-cbi-2512439
IDBI Bank, Indian Overseas Bank, 7 other PSBs reported losses in FY17

IDBI Bank reported loss of Rs 5,158 cr, while amount was Rs 3,417 cr in case of Indian Overseas Bank ...

http://www.business-standard.com/article/finance/idbi-bank-indian-overseas-bank-7-other-psbs-reported-losses-in-fy17-117071800614_1.html
Nine out of 21 PSBs reported losses in FY17

Nine of the 21 public sector banks, including IDBI Bank and Indian Overseas Bank, reported losses during 2016-17, the parliament was informed... ...

http://www.deccanherald.com/content/623330/nine-21-psbs-reported-losses.html
'Lenders' inclusion under PCA for timely improvement of their performance'

Urging all to not fall prey to falsehoods on future of weak banks, RBI Deputy Governor S S Mundra today said lenders' inclusion under prompt... ...

http://www.mydigitalfc.com/news/lenders-inclusion-under-pca-timely-improvement-their-performance-251
CBI registers case against steel mill for defrauding 8 banks

The CBI has registered an FIR against the Kolkata-based SPS Steels Rolling Mills Ltd. For allegedly defrauding a consortium of eight banks of over... ...

http://www.business-standard.com/article/pti-stories/cbi-registers-case-against-steel-mill-for-defrauding-8-banks-117070600954_1.html

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