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IOB receives Rs 173 cr capital infusion from govt

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Press Trust of India New Delhi
Last Updated : Feb 01 2018 | 10:00 PM IST
Indian Overseas Bank (IOB) today said it has received Rs 173.06 crore capital infusions from the government in the current fiscal.
In a regulatory filing, IOB said it has received Rs 173.06 crore as contribution of the central government in the preferential allotment of equity shares of the bank as government's investment during the 2017-18 fiscal.
"The bank has received the said amount of Rs 173.06 crore on January 31, 2018," it said.

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First Published: Feb 01 2018 | 10:00 PM IST

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