Indian Overseas Bank says the amount to be raised is indicative and the issue size may vary, based on the bank's discretion
1 min read6 Feb 2018IOB has began insolvency proceedings against 10 corporate borrowers, bringing a fifth of its gross bad loans under the resolution process, said R. Subramaniakumar
2 min read18 Jul 2017Prior to joining Indian Overseas Bank, Subramaniakumar had served in various capacities at Punjab National Bank in his over three-decade career
1 min read9 May 2017Government announced a reshuffle in the top management at seven public sector banks in a bid to improve efficiency, amid the banking sector's battles with NPAs
1 min read5 May 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared