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NOTIFICATIONS
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Issue Of Equity Shares To Government Of India (GOI) On Preferential Basis - Newspaper Publication Of EGM Notice

 we have published the Notice for EGM in all editions of the following Newspapers on 05.03.2018 and enclose the same for the information of our shareholders: 1. Jansatta (Hindi), 2. Financial Express (English) 3. The Hindu (Tamil) Notice to shareholders is also available in our Bank's website under the following link: https://www.iob.in/upload/CEDocuments/iobEGM_Notice_28032018.pdf
09-03-2018
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Announcement under Regulation 30 (LODR)-Updates

 This is with reference to clarification sought on recent news article titled 'Indian Overseas Bank fined Rs. 20 mn for KYC breach'. For the non-compliance with the directions / guidelines issued by RBI for KYC, a penalty of Rs. 2 crore has been levied on us. This relates to some of the accounts opened in one of our branches in 2010-11 which were found non-compliant to KYC norms, detected during internal investigations....
06-03-2018
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Clarification sought from Indian Overseas Bank

 The Exchange has sought clarification from Indian Overseas Bank with respect to news article appearing on Business Standard - March 06, 2018 titled Indian Overseas Bank fined Rs. 20mn for KYC breach".The reply is awaited.
06-03-2018
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Extraordinary General Meeting (EGM) To Be Held On 28.03.2018 For Issue Of Equity Shares To Government Of India (GOI) On Preferential Basis

 We refer to Corporate Announcement made in BSE on 03/03/2018 at 15:40:17 hrs regarding Notice for EGM, wherein the date of the EGM was inadvertently mentioned as 26.02.2018 in the caption of the Announcement. The Date of the EGM in the caption may be read as 28th March 2018.
03-03-2018
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Notice For Extraordinary General Meeting Of The Shareholders Of Our Bank To Be Held On Wednesday, 28Th March 2018 To Issue Equity Shares On Preferential Basis To Government Of India

 Notice for Extraordinary General Meeting of the shareholders of our Bank to be held on Wednesday, 28th March 2018 at 10.00 a.m. at Sathguru Gnanananda Hall, Narada Gana Sabha, 314 TTK Road, Alwarpet, Chennai-600018 ) to create, offer, issue and allot up to 211,33,56,491 (Two Hundred and Eleven Crores Thirty Three Lakhs Fifty Six Thousand Four Hundred and Ninety One) equity shares of Rs.10/- each (Rupees Ten only) for cash at Issue Price of Rs.23.03...
03-03-2018
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Notice For Extraordinary General Meeting (EGM) To Held On 26.02.2018 For Issue Of Equity Shares To Government Of India (GOI) On Preferential Basis

 Notice for Extraordinary General Meeting of the shareholders of our Bank to be held on Wednesday, 28th March 2018 at 10.00 a.m. at Sathguru Gnanananda Hall, Narada Gana Sabha, 314 TTK Road, Alwarpet, Chennai-600018 ) to create, offer, issue and allot up to 211,33,56,491 (Two Hundred and Eleven Crores Thirty Three Lakhs Fifty Six Thousand Four Hundred and Ninety One) equity shares of Rs.10/- each (Rupees Ten only) for cash at Issue Price of Rs.23.03...
03-03-2018
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Indian Overseas Bank repays medium term notes of $500 million

 IOB had raised these funds for business expansion and lending in the year 2011 and 2012
01-03-2018
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IOB to enable Tangedco bill payments

 Power consumers in Tamil Nadu can pay electricity bills through Indian Overseas Bank.IOB has enabled Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) as a biller
26-02-2018
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Board Meeting-Outcome of Committee Meeting

 We refer to the captioned subject and inform that the Committee of Directors for Issue of Equity Share Capital in its meeting held today i.e., 26.02.2018 approved the following: 1. Convening of Extraordinary General Meeting (EGM) of the shareholders of the Bank on 28th March 2018 at Chennai 2. To seek the approval of shareholders for issue of equity shares of face value of Rs.10 each to Government of India on preferential basis, aggregating...
26-02-2018
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Announcement under Regulation 30 (LODR)-Updates

 With reference to clarification sought on recent news article titled 'Rotomac promoter flees country after Rs. 8 billion default'. This is to inform you that M/s. Rotomac Global Pvt. Ltd. has been banking with our Bank for almost a decade and was sanctioned credit limits in due process under consortium arrangement in which Bank of India is Leader. The limits were backed by cash margin and immovable property as security and the guarantee...
20-02-2018
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