Indian Overseas Bank News

Indian Overseas Bank Achieves Record 30% Net Profit Growth in Q4 FY25, Surpassing Rs 1,000-Crore Milestone

Indian Overseas Bank (IOB) reports a 30% growth in net profit for Q4 FY25, achieving a historic milestone by crossing the Rs 1,000-crore mark for the first time.

Indian Overseas Bank Achieves Record 30% Net Profit Surge in Q4 FY25, Breaking the Rs 1,000 Crore Barrier

Indian Overseas Bank (IOB) reported a 30% increase in net profit to Rs 1,051 crore in Q4 FY25, marking its first time crossing the Rs 1,000 crore mark. The bank also saw improvemen...

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

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...

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

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...

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

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...