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    ALPHA TRIBE

    Indian Overseas Bank — Updates, 23-01-2026: General Updates

    23-01-2026 | 05:05 pm

    IOB successfully raised Rs. 1,000 Cr via Basel III Compliant Tier II Bonds. The issue was oversubscribed 6.52 times, attracting bids worth Rs. 3,264 Cr, reflecting strong investor confidence. Bonds were allotted at a 7.80% coupon rate.

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