:: Altroz - News Magazine HTML Template ::

Indian Overseas Bank Secures Rs 1,436 Crore Through Strategic QIP, Attracts Major Investors Like LIC and SBI

Michael Lee 25 Mar, 2025

Indian Overseas Bank (IOB) has raised Rs 1,436 crore through a QIP, with major investments from LIC and SBI. The move increases its capital and plans for future growth, aiming to b...

Business

Indian Overseas Bank Initiates QIP to Secure Rs 2,000 Crore, Aiming to Reduce Government's Stake

Ryan Peterson 20 Mar, 2025

Indian Overseas Bank (IOB) launches a QIP to raise Rs 2,000 crore, aiming to reduce the government's stake and comply with SEBI's MPS mandate. Additionally, the bank plans to issue...

Business

Indian Overseas Bank Unveils Massive NPA Sale: 46 Accounts Valued at Rs 11,500 Crore

Michael Lee 10 Jan, 2025

Indian Overseas Bank announces the sale of 46 NPA accounts worth Rs 11,500 crore, aiming to improve asset quality and financial health through strategic recovery measures and signi...