Indian Overseas Bank to receive capital infusion of Rs 1100 cr from GoI
As part of turnaround linked capital infusion
Indian Overseas Bank announced that the Bank has received a communication from Ministry of Finance, Government of India, vide its letter dated 16 March 2017, informing inter alia, capital allocation of Rs.1100 crore in the Bank, as a part of turnaround linked capital infusion plan.Powered by Capital Market - Live News
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