Indian Overseas Bank — Important, 18-07-2025: Updates
18-07-2025 | 12:55 pm
18-07-2025 | 12:55 pm
Indian Overseas Bank clarifies its outstanding listed non-convertible debt, amounting to ₹2,165 Crore, is entirely unsecured. An independent audit has confirmed the bank's full compliance with all financial and general covenants for these bonds for the quarter ending June 30, 2025. This update underscores the bank's commitment to transparent reporting and adherence to debt obligations, providing bondholders and investors clarity on its financial governance regarding its unsecured debt portfolio.
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