Shareholders of Indian Overseas Bank (IOB) have given their approval for issuance of 246,54,23,932 equity shares to the government of India on a preferential basis for the capital infusion of Rs 4,100 crore. The EGM was conducted through virtual mode.
IOB receives shareholders’ nod for Rs 4,100-crore infusion by govt
The EGM was conducted through virtual mode.

This article was first uploaded on May fourteen, twenty twenty-one, at thirty-eight minutes past eight in the morning.