For fixed deposits that mature in 7 to 45 days, the bank will continue to grant an interest rate of 4.50%, and for those that mature in 46 to 90 days, Indian Overseas Bank (IOB) will continue to offer an interest rate of 4.75%.
It is the value of the outstanding shares of any publicly traded firm. The market cap of Indian Overseas Bank stands at Rs 115777.28 crores as of 19 Apr, 2024.
Who is the CEO of Indian Overseas Bank 2023?
Ajay Kumar Srivastava serves as the CEO of Indian Overseas Bank.
Is IOB a government bank?
IOB is a Chennai-based government bank in India.
Is IOB better than SBI?
SBI is extremely reputable in India, with a strong domestic as well as international presence. Comparatively, IOB has a smaller network and customer base. In terms of growth, SBI is a clear winner when compared to IOB.
Why did the IOB share price increase?
The share price of IOB increased over the past couple of years due to a bullish chart pattern on the basis of technical analysis.
What is the dividend of IOB?
The current dividend yield of IOB is 5%, with an annual dividend payment of Rs 3.20.
What is the Mutual Fund shareholding in Indian Overseas Bank?
The mutual fund shareholding of Indian Overseas Bank was determined as 1.23% on 31 Dec 2023.
What is the promoter shareholding in Indian Overseas Bank?
As of 31 Dec 2023, the promoter shareholding of Indian Overseas Bank is 96.38%.
Is Indian Overseas Bank profitable?
In 2023, Indian Overseas Bank generated a net profit of Rs 2103.99 crores.
Is Indian Overseas Bank a good stock to invest in?
You need to analyze different metrics like the TTM P/E, dividend yield, sector P/E, and D/E ratio of the Indian Overseas Bank stock before investing in it.
What is the 52 Week High and Low of Indian Overseas Bank?
The highest and lowest prices of any stock over a period of 52 weeks are quite important trading indicators. Indian Overseas Bank has exhibited a 52-week high of Rs 83.75 and a 52-week low of Rs 20.85.
What is the PE and PB ratio of Indian Overseas Bank?
Indian Overseas Bank has a PE ratio of 48.83, and its PB ratio is 5.11.
What is the Share Price of Indian Overseas Bank?
Due to the stock market's volatility, the share price will keep fluctuating. As of 14 Feb 2024, the share price of Indian Overseas Bank is Rs 0.00.
How to Buy Indian Overseas Bank Share?
The ideal way to buy the Indian Overseas Bank share is to create your demat account on IIFL. Submitting KYC documents and undergoing verification is necessary for making your account to purchase all your preferred stocks.