Page 10 - Indian Overseas Bank

IOB posts Q1 net loss of Rs 1,451 cr

Gross NPA grow to 20.48% and net NPA to 13.97%

Indian Overseas Bank goes in recovery mode

The bank has said that Rs 794 crore was recovered in small value NPA accounts and Rs 301 crore from accounts of over Rs 10 lakh and up to Rs 1 crore

Indian Overseas Bank MD & CEO R Koteeswaran demits office

He took over as Managing Director & Chief Executive Officer of the bank on December 31, 2014

IoB posts Rs 936 cr loss in Q4, against Rs 35 cr profit a year ago

Gross NPA as on March 31 cross Rs 30,049 cr; gross NPA ratio at 17.4%

IOB to issue over 90 mn equity shares, raise Rs 261 cr

Stock of public sector lender closed 0.68% lower at Rs 29 apiece on BSE

IOB starts distribution of Indian Gold Coins

Available in denominations, 5, 10 and 20 grams, the coins are distributed through limited branches, IOB said in a statement