Hyderabad (Telangana) [India], August 27 (ANI/NewsVoir): Hyderabad-based Cygni Energy Private Limited, a leading technology-led energy storage company, announced that it has raised funds of USD 12.5 Million (Rs 100 Crores) through a combination of Equity and Debt. The equity funding is led b
Mumbai (Maharashtra) [India], July 2 (ANI/PNN): As part of its efforts to enhance the social security net through retail health products, Universal Sompo General Insurance Company Ltd has launched a Complete Healthcare Insurance plan with added features for individual consumers. The product
Mumbai (Maharashtra) [India], June 24 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 57.50 lakh on Indian Overseas Bank for non-compliance with certain directions of the central bank.
Mumbai (Maharashtra) [India], June 1 (ANI): Economic Offences Wing (EOW) of Mumbai Police on Wednesday registered a case of fraud against Bharatiya Janata Party (BJP) leader Mohit Kamboj following a complaint by the manager of Indian Overseas Bank.
New Delhi [India], September 29 (ANI): The Reserve Bank of India (RBI) on Wednesday removed Indian Overseas Bank from its prompt corrective action (PCA) framework, subject to certain conditions and continuous monitoring.
Chennai (Tamil Nadu) [India], June 14 (ANI): Government-owned Indian Overseas Bank (IOB) on Monday reported a net profit of Rs 350 crore in the quarter ended March as against Rs 144 crore in the year-ago period.
Mumbai (Maharashtra) [India], February 16 (ANI): Equity benchmark indices continued with positive momentum during early hours on Tuesday tracking strong global cues with investors hoping for a quick economic recovery.
New Delhi [India], January 29 (ANI): The Central Bureau of Investigation (CBI) has registered a case against six former officials of the Indian Overseas Bank, Vijayawada and Guntur and unknown persons and public servants alleging misappropriation of depositor's money.
Purba Medinipur (West Bengal) [India], January 26 (ANI): Newly-inducted Bharatiya Janata Party (BJP) leader Suvendu Adhikari on Monday alleged that Trinamool Congress (TMC) MP Abhishek Banerjee, the nephew of West Bengal Chief Minister Mamata Banerjee, had misappropriated large amount of wea
Agra (Uttar Pradesh) [India], December 16 (ANI): Four people looted nearly Rs 56 lakhs from a branch of Indian Overseas Bank at Rohta in Agra on Tuesday, police said.
Chennai (Tamil Nadu) [India], August 20 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday posted a net profit of Rs 121 crore in April to June quarter as against a net loss of Rs 342 crore for the corresponding period of last fiscal year.
Chennai (Tamil Nadu) [India], July 25 (ANI): Partha Pratim Sengupta, Deputy Managing Director and Chief Credit Officer at State Bank of India, has been appointed as the new Managing Director and Chief Executive Officer of Indian Overseas Bank.