PSU Bank IOB shares tumble 4% as OFS priced at 7% discount opensIndian Overseas Bank shares fell 4% to Rs 35 on December 17 as its offer for sale (OFS) opened with a 7% discount. The government aims to d...
Stocks in news: Ola Electric, Vedanta, Coal India, IOB, Lodha DevelopersMarkets ended lower on the weekly expiry day, mirroring weak global and domestic cues, with analysts suggesting a consolidation view for th...
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, ...
Govt's divestment plan to push fundraising activities in FY26: Emkay GlobalEmkay Global Financial Services predicts that the government's FY26 divestment target of Rs 47,000 crore will drive significant investment ...
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...
Ahead of Market: 10 things that will decide D-Street action on FridayA long bear candle was formed on the daily chart with an unfilled opening down gap. This is back to back for the last two sessions
Market Movers: Muthoot Finance & RInfra rally; ONGC plunges; India Vix surgesSensex declined 202 points or 0.49% while Nifty fell 68 points to close at 12,046.
Quantum Leap: The rise of sexbots and artificial human beingsHarmony by RealDoll is among the most evolved sexbot today. It can blink, move its head, have conversations and comes with self-learning so...
What changed your market while you were sleepingAadhaar may soon become mandatory for buying shares and mutual funds.
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...
We are focusing on retail lending for a turnaround: R Koteeswaran, Indian Overseas BankThe bank, which is under regulatory glare due to high bad loans and poor earnings, will have to take some bitter pills and the next year co...
Market is pricing in a defeat for NDA in Bihar election: Tushar Mahajan, Nomura" Basically you are talking of the 7500-7600 levels. I do not think there are triggers in the immediate short term."
FIIs trim stakes in PSU banks in June quarterPSBs faced double whammy — single digit and below industry NII growth and higher provisions due to a sharp increase in restructuring of loa...
Moody's cuts Indian Overseas Bank's financial strength rating on higher bad loansInternational rating agency Moody's Investors Service has lowered Indian Overseas Bank's baseline credit assessment (BCA) by two notches fo...
- Gold sales clock 20% jump on Akshaya Tritiya
This year's Akshaya Tritiya has seen a 15%-20% rise in gold sales according to initial trade assessments.
- Buy Indian Overseas Bank: Gaurang Shah
The stocked slipped below Rs 160 on Friday. That’s a very comfortable zone to get into IOB.
- Sena, MNS want SBI to recruit only locals
SBI is threatened of serious consequences if it doesn’t recruit 80% and 100% locals in its proposed drive as per both the parties respectiv...