Latest News for: iob

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Income tax dept sends demand notice to IOB for Rs 559 crore

The Times of India 25 Mar 2025
The income tax department has sent a demand notice to state-run Indian Overseas Bank (IOB) for Rs 559 crore.The notice under Section 156 of Income Tax Act, ...
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IOB to challenge ₹558.96 cr income tax demand

Business Line 25 Mar 2025
Public sector lender Indian Overseas Bank (IOB) has received a Notice of Demand from the Income Tax Department’s Assessment Unit for the Assessment Year 2023-24, with a tax ...
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IOB raises Rs 1,436 crore through QIP

The Times of India 25 Mar 2025
Public sector Indian Overseas Bank (IOB) has raised Rs 1,436 crore through qualified institutional placement (QIP) ... Another Rs 1,000 crore was a greenshoe, which was optional,' IOB MD & CEO Ajay Kumar Srivastava told TOI.
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IOB launches QIP to raise Rs 2,000 crore

The Times of India 20 Mar 2025
Indian Overseas Bank (IOB) on Thursday launched a qualified institutional placement (QIP) to raise Rs 2,000 crore ... Meanwhile, the IOB board has approved the issue of long-term infra bonds to the tune of Rs 10,000 crore.
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IOB gets board approval to raise Rs 10,000 crore via infra bonds

The Times of India 19 Mar 2025
The funds will support infrastructure and affordable housing ... .
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