Indian Overseas Bank Q4 Results

Indian Overaseas Bank back in black with pre-tax profit of Rs 83 crore

With this, the bank has met the final parameter to come out from the Reserve Bank of India's Prompt Corrective Action (PCA) framework, which was imposed in 2015.

IOB posts Rs 143.79 cr net profit in Q4 FY20 on back of declining bad loans

Provisioning for bad loans and contingencies during the quarter under review fell to Rs 1,060.38 crore as against Rs 4,501.92 crore in the year-ago quarter

Govt approves infusion of Rs 4,360 cr in IOB; UCO Bank gets Rs 2,142 cr

In August, the finance ministry had announced a capital infusion of Rs 3,800 crore in the state-owned lender. This has now been increased by Rs 560 crore

IOB says bottomline for Q4 hit by RBI's revised insolvency framework

The total slippage for the quarter ended March 2018 stood at Rs 98.68 billion

Indian Overseas Bank's Q4 net loss narrows to Rs 647 cr

Bank's total income dropped to Rs 5,661.70 cr