Indian Overseas Bank Q2 net loss widens to Rs765.13 crore on falling interest income
Indian Overseas Bank's net interest income fell 8.03% to Rs1,285.81 crore from Rs1,398.06 crore in the corresponding period last year11-11-2016
11-11-2016
Updates
Indian Overseas Bank has informed BSE that Shri R. Subramaniakumar, Executive Director, of the Bank has been entrusted with additional charge of the Managing Director & CEO with immediate effect vide Ministry of Finance, Government of India, Notification dated November 11, 2016.11-11-2016
Announces Q2 results (Standalone), Limited Review Report (Standalone) & Results Press Release for the Quarter ended September 30, 2016
Indian Overseas Bank has announced the following Unaudited Standalone results for the quarter ended September 30, 2016:The Bank has posted a net loss of Rs. (7651.30) million for the quarter ended September 30, 2016 as compared to net loss of Rs. (5508.30) million for the quarter ended September 30, 2015. Total Income has decreased from Rs. 67699.40 million for the quarter ended September 30, 2015 to Rs. 59616.20 million for the quarter ended September 30, 2016.11-11-2016
Q2 results on Nov 11, 2016
Indian Overseas Bank has informed BSE that a meeting of the Board of Directors of the Bank would be held on November 11, 2016, to consider and approve the Unaudited (Reviewed) Financial Results of the Bank for the Quarter ended September 30, 2016 (Q2).04-11-2016
Updates
Indian Overseas Bank has informed BSE regarding "Issue of 9.24% Basel III Compliant Tier II Bonds Series - I in the nature of Promissory Notes (Rs.10 lac each) of Rs. 800 crore".03-11-2016
Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended September 30, 2016
Indian Overseas Bank has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended September 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.15-10-2016
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
H E President of India, Government of India has submitted the disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 201106-10-2016
Shareholding for the Period Ended September 30, 2016
Indian Overseas Bank has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2016. For more details, kindly Click here06-10-2016
Change in Directorate
Indian Overseas Bank has informed BSE that Shri. Atul Agarwal, Executive Director of the Bank demitted office on September 30, 2016 on superannuation.06-10-2016
Change in Directors
Indian Overseas Bank has informed BSE regarding "Change in Directors".30-09-2016