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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......

IOB's Rs 120-cr loan to Kingfisher may turn into NPA

Chennai-based public sector lender Indian Overseas Bank, which has exposure of Rs 120 crore (Rs 1.2 billion) to cash-strapped Kingfisher Airlines, said the account might become a non-performing......

IOB spares home loans up to Rs 30 lakh

Public sector Indian Overseas Bank on Monday announced 0.50 per cent hike in benchmark lending rate to 14 per cent with effect from August 16, but spared housing loans up to Rs 30 lakh and......

5-yr tax saving plan from IOB

Chennai-headquartered Indian Overseas Bank has launched a five-year tax saving deposit scheme at an interest rate of 8.15 per cent per annum. IOB is the first bank to offer an add-on on the......

IOB acquires Bharat Overseas Bank

Indian Overseas Bank has acquired Bharat Overseas Bank by buying out other shareholders of BhOB.Four banks -- Bank of Rajasthan (16 per cent), ING Vysya Bank (14.66 per cent), South Indian Bank (10......

IOB, Punjab Police cagers in semis

Indian Overseas Bank and Punjab Police, favourites to clash for the title in the 20th Federation Cup basketball tournament, qualified for the semi-finals with comfortable victories in their......

150 Indian players sign up for World Series Hockey

150 Indian players, including top stars from the current national team have signed on and received advanced payments to play in World Series Hockey (WSH). Most of the players have signed 3-year......

Deepak Thakur 'tricks' in Indian Oil win

Captain Deepak Thakur's brilliant hat-trick helped Indian Oil Corporation (IOC) rally brilliantly and beatKarnataka XI 4-3 in a quarter-final match of the DCB Presents Aga Khan hockey tournament -......

Kaushik named India's hockey coach

Maharaj Kishan Kaushik is back as coach of India's men's hockey team, ten years after the guiding itto the gold medal at the 1998 Bangkok Asian Games.His selection was finalised at a meeting of the......

Dalmiya files fresh plea for time

Former Board of Control for Cricket in India president Jagmohan Dalmiya filed an appeal before the Calcutta high court challenging a city court order that rejected his application seeking fresh......
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  Web results for Iob
The moral hazards of a sovereign guarantee

The explicit government guarantee, and the implicit understanding that these banks can always get capital from the government when in a pinch,... ...
After IOB, RBI may pull up Allahabad Bank, Central Bank of India and Andhra Bank

MUMBAI: The Reserve Bank of India may now turn its focus on Allahabad Bank, Central Bank of India and Andhra Bank as their dodgy loans and... ...

Share to Facebook Share to Twitter MOST NATIONALISED BANKS ARE IN A MESS By Nantoo Banerjee For over two years, the... ...
Opening Bell | Tata Communications, Jaypee group shares in focus

Asian shares trade higher; Singapore firm in talks to buy Tata Comm's data business; Sun Pharma to raise Rs12,000 crore through convertible... ...
RBI pulls up bosses for IOB mess

IOB has reported low return on assets for four consecutive quarters from July 2014. The bank’s branch expansion and recruitment have been... ...

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