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Mallya accuses SBI of wasting Indian taxpayers' money on UK legal fees

Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in......

Loans to get cheaper as SBI cuts rates by 5 bps

SBI is the third state-run lender to lower the lending rates after Indian Overseas Bank Tuesday and Bank of Maharashtra which also lowered their loan prices by 5 bps on loan tenors of one year and......

Govt infuses Rs 10,882 crore in four PSBs

The government has already announced infusion of Rs 10,086 crore in Bank of India, Rs 5,500 crore in Oriental Bank of Commerce and Rs 2,159 in United Bank of India. Illustration: Dominic......

Govt to infuse Rs 28,615 crore in 7 PSBs soon

Out of these seven PSBs, Bank of India is likely to get the highest amount of Rs 10,086 crore, followed by Oriental Bank of Commerce, which might get Rs 5,500 crore through recapitalisation bonds......

Govt to inject Rs 2350 crore into Central Bank of India

Capital infusion seen necessary for banks to maintain regulatory norms at the time of paying interest towards AT-1 bonds Illustration: Uttam Ghosh/ The government has decided to infuse......
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Indian Overseas Bank launches ‘Bank on Wheels’ facility

Indian Overseas Bank (IOB), on Monday, announced that it has launched ‘Bank on Wheels’ facility in 14 of its lead districts in Tamil Nadu and... ...
How IOB notched up record profit

Indian Overseas Bank (IOB) recorded the highest gross profit of ₹5,034 crore in FY2018-19 as the result of various initiatives taken by the bank on ...
Is it safe to invest in PSU stocks?

Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash... ...
INDIAN OVERSEAS BANK Plunges by 5%; BSE BANKEX Index Down 1.4%

Posted by Equitymaster INDIAN OVERSEAS BANK share price has plunged 5% and is presently trading at Rs 13. Meanwhile, the BSE BANKEX Index is at... ...
Check out all offers before taking car loan

Interest rate and tenure are not the only two factors to consider, says Tinesh Bhasin. Photograph: Kind courtesy Todd Lappin/Creative Commons When... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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