Banking
PSB’s CBI and IOB likely to have been cleared for divestment by cabinet secretary led panel
For the divestment process to move forward, amendments will be required to the Banking Regulations Act among some other banking…
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Indian Overseas Bank
Banking
Banking
Shares of PSUs- IOB and CBI hit 52 week high amid reports of divestment
The Modi government has set a target to raise a total amount of Rs.1.75 lakh crore through disinvestment during the…
Banking
What are the challenges to the Indian banking sector?
Lets have an overview of challenges to the Indian banking sector.
Banking
Centre may propose to sell its stake in Central bank and IOB for privatization
As a part of mega privatization initiative disclosed in the Union Budget in February, the Centre may propose to sell…
Banking
Few banks including Central Bank of India shares gain over 10%, each on potential privatization
Shares of Bank of Maharashtra, Bank of India, Indian Overseas Bank and Central Bank of India gained more than 10…
Banking
Q2 Results: State-owned Indian Overseas Bank reports net profit of Rs 148 crore
Public lender Indian Overseas Bank (IOB) registered a net profit of Rs 148 crore for the second quarter of current fiscal…