Comments
Indian Overseas Bank (IOB) on Friday said the Central Government has increased its authorised capital by Rs 10,000 crore to Rs 25,000 crore.
The Centre after consultation with the Reserve Bank of India (RBI) has increased the authorised capital of the bank from Rs 15,000 crore to Rs 25,000 crore, it said in a regulatory filing.
Shares of the bank were trading at Rs 11.30 apiece on the Bombay Stock Exchange (BSE).
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.