Government to sell up to 3% stake in Indian Overseas Bank via OFS, sets floor price at Rs 34/shareThe government will divest up to 3% stake in Indian Overseas Bank via an offer for sale starting December 17, with a floor price of Rs 34, ...
16 Dec, 2025, 08.46 PM IST
Banks weigh fee waivers, easy loans as US tariff hammer threatens Indian tradeIndian banks are proactively implementing measures to mitigate the impact of the impending 50% US tariff on Indian exports. These measures ...
18 Aug, 2025, 12.58 PM IST
Rainmakers waiting for govt to rain stake sales in banks, financial institutionsLocal merchant banks are likely to compete fiercely for arranging future government stake sales in public sector banks and listed financial...
26 Feb, 2025, 12.36 AM IST
Indian Overseas Bank receives 10 expressions of interests for bad loan saleIndian Overseas Bank (IOB) in Chennai has received up to 10 initial queries from asset reconstruction companies (ARCs) for the sale of Rs 6...
23 Jan, 2025, 09.51 AM IST
IOB puts 92 bad loans worth Rs 13,000 crore on the blockThe sale is the Chennai-based bank's attempt to explore other avenues for recovery when cases in the National Company Law Tribunal (NCLT) a...
07 May, 2024, 06.12 AM IST
IOB to sell 92 NPA accounts having Rs 13,472 cr loan outstandingIndian Overseas Bank to e-auction 92 non-performing loans worth Rs 13,471.68 crore. Loans include consortium arrangements, NCLT cases, sole...
05 May, 2024, 08.59 PM IST
ARCs vie for ACCIL Corp's Jaipur Hotel debtLast month, Omkara ARC beat competitor Asset Reconstruction Company of India (Arcil) with a ₹38 crore cash offer to Chennai-based Indian Ba...
11 Mar, 2024, 05.51 AM IST
Four PSBs may get approval to raise funds in H1 of FY25The four lenders include Punjab National Bank (PNB), which is targeting a follow-on public offer (FPO) by September, and Central Bank of In...
06 Feb, 2024, 06.46 AM IST
IOB to sell Rs 457-crore MSME NPAs, eyes 60% recovery"Preference will be given to bids or offers with a higher cash portion...management fee would be 1.5% per annum of net assets value... for ...
23 Nov, 2023, 06.11 AM IST
IOB invites bids for Rs 457-crore MSME loansThe bank will give preference to bids offering a higher cash portion. The recovery involves a cash portion of ₹137 crore and an equal sum i...
10 Nov, 2023, 06.19 AM IST
IOB-led lenders group puts Sion Panvel Tollways' ₹862-cr bad loan on saleThe debt on sale includes exposures from Bank of Baroda, Canara Bank, Punjab National Bank, State Bank of India, and India Infrastructure F...
03 Jun, 2023, 12.41 AM IST
Union Bank, Bank of Baroda may sell Bhushan Steel loan to SSGThe two banks had together put up Rs 2,430 crore in loans for sale. Bhushan Steel is facing bankrupcy proceedings and in the process of fin...
07 Feb, 2018, 07.58 AM IST
IOB offloads Bhushan Steel bad loansUnder the deal, the bank will receive 15 per cent of the consideration in cash from SSG Capital.
29 Dec, 2017, 10.08 AM IST
Top stocks in focus on Thursday, 10 August 2017Here is a list of top stocks that are likely to be in focus in today's trading session.
10 Aug, 2017, 08.24 AM IST
What changed your market while you were sleepingAadhaar may soon become mandatory for buying shares and mutual funds.
10 Aug, 2017, 08.24 AM IST
Poor performance in view, Indian Overseas Bank to get half of allocated capitalWhen the finance ministry had announced Rs 22,915 crore capital to 13 banks, it had noted that 25% of this amount will be disbursed based o...
29 Jul, 2016, 05.34 AM IST
Gudi Padwa: IOB announces sale of Indian Gold Coin in Mumbai on April 8The IOB on Thursday announced the sale of the Indian Gold Coin across all its branches in Mumbai on April 8 on the occasion of Gudi Padwa.
07 Apr, 2016, 02.35 PM IST