Indian Overseas Bank EGM

Indian Overseas Bank Cuts Lending Rate by 50 bps

 Copy Link

The bank’s net interest income also grew, climbing 13% year-on-year to reach ₹3,123 crore.

IOB Faces ₹558.96 Crore Tax Demand

 Copy Link

The notice has been served under Section 156 of the Income Tax Act, 1961 on account of some disallowances and additions made in the assessment order.

IOB Receives ₹699.52 Crore GST Demand

 Copy Link

The demand notice was issued after the bank’s GST filings were audited annually. Officials found discrepancies in the filings that resulted in the tax claim.

Top Stocks for Today - 13th January 2025

 Copy Link

Here are some of the stocks that may see significant price movement today: Avenue Supermarts, Just Dial, PCBL, etc.

Indian Overseas Bank’s Q2 net profit up by 24% y-o-y

 Copy Link

The gross non-performing asset (GNPA) ratio was 2.72% in the September quarter, compared to 2.89% in the June quarter.

IOB Secures ₹123.87 Crore Income Tax Refund for FY 2021-22

 Copy Link

The order confirms a tax refund amounting to ₹123.87 Crore, including interest under Section 244A, for the assessment year 2021-22.

Indian Overseas Bank Q1 net profit jumps 26.5% y-o-y to ₹632.80 Crore

 Copy Link

The provision coverage ratio also increased to 96.96% as of the June quarter, up from 96.85% in the same quarter last fiscal.