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Indian Overseas Bank to focus robust policy framework to reduce NPAs

26 Jun 2019 Evaluate

Indian Overseas Bank is planning to focus on maintaining robust policy framework and establishing various business verticals to reduce non-performing assets (NPAs). The bank is also looking at conserving capital and reducing risk burden to protect interest income and meet the provision requirement.

Indian Overseas Bank is a pioneer in many fields - Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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