Shareholding for the Period Ended September 30, 2017
Indian Overseas Bank has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2017. For more details, kindly Click here06-10-2017
06-10-2017
Interest Rates Updates
We refer to the subject mentioned above and inform that our Bank has reviewed and revised the Savings Bank interest rates effective from 01.10.2017 as furnished below: Savings Deposit Existing Rate (%) New Rate % w.e.f. 03.05.2011 effective from 01.10.2017 Balance upto Rs.25 lakhs 4.00 3.50...03-10-2017
Updates
Information regarding timely payment of interest to the bond holders for Unsecured Redeemable Non-Convertible subordinated Bonds, Perpetual Bonds, Series IV - ISIN: INE565A09207 In terms of Regulations 57(1) of Chapter V of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby certified that Interest payment to the Debenture holders of Perpetual Bonds Series IV (9.30%) due on 29.09.2017 has been released...03-10-2017
IOB sells Essar Steel bad debt to Edelweiss ARC
State-owned Indian Overseas Bank has sold its bad debt exposure of 1,500 crore in Essar Steel to Edelweiss Asset Reconstruction Company at a 50 per cent discount to its book value, said sources...28-09-2017
Updates
Information regarding timely payment of interest to the bond holders for Unsecured Redeemable Non-Convertible subordinated Bonds, Upper Tier II Series II - ISIN: INE565A09173 In terms of Regulations 57(1) of Chapter V of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby certified that Interest payment to...18-09-2017
Updates
We refer to the subject mentioned above and wish to inform you of the appointment of Shri RM A Alagappan as new Chief Risk Officer (CRO) of our Bank. We request you to take note of the above intimation, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.14-09-2017
Gauri Lankesh's murder is an attack on freedom of expression: US
Lankesh's death appears to be meticulously planned to silence a powerful voice: Indian overseas body08-09-2017
Updates
Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 We enclose the captioned statement as on 31.08.2017 i.e., as on the date of allotment of 397830018 equity shares of Rs.10 each per share at an Issue Price of Rs.27.65 per equity share including a premium of Rs.17.65 per equity share, to Government of India on Preferential Basis. Please take the above information on record.04-09-2017
Fixation Of Record Date For Payment Of Coupon On 9.30% - Perpetual Bonds Series IV - ISIN: INE 565A09207
With reference to the above, the payment of coupon is due on 29.09.2017 and will be paid on 03.10.2017, since 29.09.2017 to 02.10.2017 being holidays. As per SEBI circular CIR/IMD/DF-1/122/2016 dated 11.11.2016, interest will be calculated and paid upto 28.09.2017. We have fixed 14.09.2017 as RECORD DATE to ascertain the details of Beneficiaries. Please take this intimation in your records.01-09-2017