CHENNAI: Indian Overseas Bank (IOB) on Thursday launched a qualified institutional placement (QIP) to raise Rs 2,000 crore. This will bring down the Centre's shareholding in the state-run bank.

The cut is part of the central bank’s effort to boost borrowing and support economic growth. IOB Responds with Lower Lending Rate Following the RBI’s move, Indian Overseas Bank (IOB ...

IOB share price today slumped 4.6%, the stock opened at ₹45 apiece on the BSE. PIC:MADHU KAPPARATH Indian Overseas Bank (IOB) has set 7 March, 2025 as record date for payment of coupon on Basel ...