A. Bhat (left), Chairman and Managing Director, and G. Narayanan, Executive Director, Indian Overseas Bank, at a press conference in Chennai on Thursday.CHENNAI: Indian Overseas Bank has reported a 17 per cent rise in its total business in the second quarter ended September 30, 2009 to Rs. 187,853 crore from Rs. 160,514 crore in the year-ago period. While deposits grew by 20.54 per cent to Rs. 109,435...
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In a meeting of the members of Indian Overseas Congress Australia (IOCA) held today addressed by the President, Indian Overseas Congress Australia (IOCA) Dr Amarjit Singh Tanda said that Congress general secretary Rahul Gandhi started his three-day Punjab visit yesterday. Following an ambitious programme of travelling across the length and breadth of the state, Rahul’s aim is to oversee the ongoing...
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Indian Overseas Bank fell 6.07% to Rs 109.10 at 13:13 IST on BSE, after net profit tumbled 50.97% to Rs 176.04 crore in Q2 September 2009 over Q2 September 2008.On BSE, 3.89 lakh shares were traded in the counter as against an average daily volume of 4.07 lakh shares in the past one quarter.The stock hit a high of Rs 115 and a low of Rs 107.60 so far during the day. The stock had hit a 52-week high...
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In a meeting of the members of Indian Overseas Congress Australia (IOCA) held today at Rose Hill Sydney Australia, NSW, addressed by the President, Indian Overseas Congress Australia (IOCA) Dr Amarjit Singh Tanda said that the party would stand by Capt Amarinder Singh, who has been indicted in a land deal by the Dhanda committee report.Dr Tanda said the report had been prepared by the ruling combine...
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Chennai: Incessant rains resulted in day two of the Aircel Vollys State-level volleyball tournament being almost entirely washed out. Tamil Nadu Police was leading GKM Club by a set in a match of the women’s section when the rains came down.All other matches scheduled for the day were cancelled. Tuesday’s matches saw Indian Overseas Bank and Indian Bank register wins in the men’s category while GKM...
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Teams such as Indian Bank, Indian Overseas Bank and Customs Chennai would vie for honours in the All India invitation Volleyball tournament begining here on November three.Talking to newspersons here today, Parthiban, Secretary of the Gemini Volleyball Club, which is organising the tournament said the matches would be played on a league basis.The winner of the tournament would get a cash prize of Rs...
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Executive Director of Indian Overseas Bank Y.L. Madan inaugurated 45th branch and 21st ATM of Visakhapatnam Region at Pedawaltair on Thursday. The new branch is the eighth, and the ATM seventh of the bank in the city. All IOB branches have achieved 100 per cent computerisation and are under CBS, a...
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Indian Overseas Bank (IOB) has announced that The Government of India, vide its notification dated 26 October 2009 and in exercise of the powers conferred by sub-section 3(h) and (3-A) of Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 / 1980 read with sub-clause (1) of clause 3 of the Nationolised Banks (Management and Miscellaneous Provisions) Scheme, 1970...
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Indian Overseas Bank (IOB) today said its net profit for the quarter ended September 30, 2009 decreased 50.96 per cent to Rs 176.04 crore as compared to Rs 359.01 crore recorded in the corresponding period last year.The bank's total income however increased by 10.55 per cent to Rs 2,922.33 crore...
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Raghu Chandrasekhar, senior regional manager, HPCL, Vijayawada, inaugurated Rajasri Gas Agency at Sattenapalli in Guntur. The agency is owned by K. Jayant Kumar. The gas agency caters to Sattenapalli urban and rural areas.K. Sethu, chief regional manager, Indian Overseas Bank, Vijayawada region, made the first sale.©...
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