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Indian Overseas Bank — Updates, 21-05-2026: General Updates
21-05-2026 · 05:59 pm
Indian Overseas Bank's board approved a capital plan for FY27: up to ₹5,000 Cr equity (FPO/Rights/QIP) and ₹1,000 Cr Tier II bonds. 10 Cr new shares will also be offered to employees. The bank will also appropriate accumulated losses from its Share Premium Account.
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