Indian Overseas Bank Update by Epic Research

Indian Overseas Bank (IOB) has requested the government to provide a capital support of Rs 3,500 crore during the current fiscal. Last fiscal, the government infused Rs 1,200 crore in the bank to enhance its capital base. As a whole, the government infused Rs 14,000 crore in public sector banks during the current financial year ending March 31, 2014.



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Posted in: Indian Market Tips