Indian Overseas Bank (IOB) is betting big on merger and acquisition (M&A) financing, a field recently opened by the Reserve Bank of India for banks. The lender is also taking steps to address concerns ...
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PSU Banks Merger: UCO, IOB, BOI, BOM, Central Bank; Which PSBs Will Merge Next? Can SBI Take More?
In an event this week, FM Nirmala Sitharaman signaled that the work has commenced for the next phase of the PSU bank merger.
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The latest announcement is out from ...
18d
PSU bank stocks rise up to 1.5% as report says Centre plans to hike foreign investment cap to 49%
The shares of public sector banks rose in trade on October 28 after a Reuters report said that India is planning to more than double the current foreign investment cap in state-run lenders to 49 ...
Indian Overseas Bank (IOB) has announced a major relief for millions of account holders across the country. Effective 1 October 2025, the bank has completely waived penalties for not maintaining the ...
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