R. Subramaniakumar News

Industry

Indian Overseas Bank to raise Rs1,000 crore via QIP, looks to hire investment bankers

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 2018
Industry

Insolvency proceedings against 10 firms address a fifth of IOB’s bad loans, says MD

IOB 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 2017
Companies

Indian Overseas Bank appoints R. Subramaniakumar as MD and CEO

Prior 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 2017
Industry

Govt reshuffles chiefs of 7 public sector banks, including IOB, PNB

Government 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 2017

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Budget

The 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

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