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2 ArticlesIOB

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IOB Gross NPA at 20.48%, CAR in danger zone at 9.47 %: Result Analysis

Indian Overseas Bank is in serious trouble, not because of the losses it is making, its just because of 20.48% of advances are gross NPA’s and its ...

Public Sector Bank Bailouts: IOB and Central Bank Benefit, Allahabad Bank Not So Much

After much waiting finally the first tranche of public sector bank recapitalization is out. The Government has infused Rs 22915 Crs in 13 PSU Banks. ...