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Board of Indian Overseas Bank approves issue of shares to GoI

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Capital Market

At meeting held on 21 January 2020

The Board of Indian Overseas Bank at its meeting held on 21 January 2020 has approved the issue of equity shares by bank on preferential basis to Govt. of India for the capital infusion of Rs 4360 crore received during FY 2019-20.

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First Published: Jan 21 2020 | 5:39 PM IST

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