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'NPAs are part of the business'

My NPAs are reducing and recovery is going up. This will help us to augment our revenue, says R Subramaniakumar of IOB. -- RBI, govt to help banks end NPA woes by Mar '17: Rajan Chennai-based......

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, 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
IOB's Q3 loss almost doubles to Rs 9.7 bn on higher NPA provisioning

Indian Overseas Bank (IOB) has reported a net loss of Rs 9.71 billion during the third quarter ended December 2017 as compared to Rs 5.54 billion,... ...

http://www.business-standard.com/article/companies/iob-s-q3-loss-almost-doubles-to-rs-9-7-bn-on-higher-npa-provisioning-118021300767_1.html
Moody's changes outlook of Central Bank of India and Indian Overseas Bank to positive from stable

In the case of IOB, Moody's has also affirmed the bank's senior unsecured debt rating at Ba3 and changed the outlook to positive. It issues its... ...

http://www.business-standard.com/article/news-cm/moody-s-changes-outlook-of-central-bank-of-india-and-indian-overseas-bank-to-positive-from-stable-118021200531_1.html
ICF thump Karnataka to storm into semis

Integral Coach Factory (ICF) powered to the semifinals with a dominant 71-40 win over Karnataka State team in their Group B tie of the Mulki Sunder... ...

http://www.deccanherald.com/content/657411/icf-thump-karnataka-storm-semis.html
IOB joins hands with NHB for implementation of rural housing subsidy scheme

The interest subsidy under the scheme is at 3 percent per annum for a loan amount of Rs 2 lakh with repayment period up to 20 years. ...

http://www.moneycontrol.com/news/real-estate/iob-joins-handsnhb-for-implementationrural-housing-subsidy-scheme_10395401.html
IOB joins hands with National Housing Board

Leading Public Sector Bank (PSB), Indian Overseas Bank (IOB) on Tuesday announced a Memorandum of Understanding (MoU) with National Housing Bank... ...

http://www.business-standard.com/article/news-ani/iob-joins-hands-with-national-housing-board-118012400004_1.html

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