Shareholding Pattern For December 31, 2014
Indian Overseas Bank has informed BSE about the Shareholding Pattern as on December 31, 2014.08-01-2015
08-01-2015
Change in Directorate
Indian Overseas Bank has informed BSE that the Government of India, vide its notification dated December 31, 2014 and in exercise of the powers conferred by clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of The Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980, has appointed...02-01-2015
Raising of Tier I Capital - Issue of Basel III Compliant Additional Tier I Bonds (Perpetual Bonds)
Indian Overseas Bank has informed BSE that the Board at its meeting held on December 05, 2014 accorded its approval to the Bank to raise capital of Rs. 2000 crore with an option to retain oversubscription up to Rs. 600 crore aggregating to Rs. 2600 crore as capital by way of issue of perpetual bonds (Additional Tier I Bonds) at appropriate time in one or more tranches on private placement basis depending upon the market conditions....15-12-2014
Change in Directorate
Indian Overseas Bank has informed BSE that the following Shareholder Directors of the Bank have demitted office on December 07, 2014 on completion of 3 years term.1. Shri Ajit Vasant Sardesai and2. Prof. S. Sadagopan.08-12-2014
Revision in Ratings by ICRA Ltd
Indian Overseas Bank has informed BSE that the Credit Agency, M/s. ICRA Limited, has revised its rating on Banks Bonds.08-12-2014
Proposed Zonal wide strike from December 02, 2014 to December 05, 2014 - Call given by UFBU & NUBE
Indian Overseas Bank has informed BSE regarding "Proposed Zonal wide strike from December 02, 2014 to December 05, 2014 - Call given by UFBU & NUBE".01-12-2014
Revision in Ratings
Indian Overseas Bank has informed BSE that the International Credit Rating Agency, M/s. Moody's Investors Service, has revised its rating on the Bank, vide its communication dated November 26, 2014.27-11-2014
Revision of Ratings
Indian Overseas Bank has informed BSE that The Credit Agency, M/s. CRISIL Limited, have reaffirmed its rating 'CRISIL AA / Stable' on the Bank's lower Tier II Bonds. The Bank's Tier I Perpetual Bonds and Upper Tier II Bonds (under Basel II) they have revised the rating to 'CRISIL AA- / Stable' from CRISIL AA / Negative. The rating on the bank's certificates of deposit programme and Fixed Deposit Programme have been reaffirmed at 'CRISIL A1+' and FAAA/Stable respectively.18-11-2014
Election of Two Shareholder Directors of the Bank and Cancellation of EGM scheduled on November 26, 2014
Indian Overseas Bank has informed BSE regarding "Election of Two Shareholder Directors of the Bank and Cancellation of EGM scheduled on November 26, 2014".18-11-2014
Proposed All India Strike on November 12, 2014 - Call given by UFBU & NUBE
Indian Overseas Bank has informed BSE that United Forum of Bank Union and National union of Bank Employees proposed to go on one day country-wide strike on November 12, 2014 on the issue of immediate settlement on wage revision.11-11-2014