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IOB plans to return part of equity capital
Mumbai, June 08: State-owned Indian Overseas Bank (IOB) is planning to return equity up to Rs 75 crore face value, subject to shareholders and government approval.
Mumbai, June 08: State-owned Indian Overseas Bank (IOB) is planning to return equity up to Rs 75 crore face value, subject to shareholders and government approval.
The board approved a proposal on return of equity capital at meeting held on Saturday, the bank informed the Bombay Stock Exchange, Mumbai.
Bureau Report