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Indian Overseas Bank informs about company updates

22 Oct 2020 Evaluate
Indian Overseas Bank has informed that Government of India, vide notification number F. No.3/1/2010-IF-I(VoI.IV) dated 21.10.2020, in terms of the provisions of Article 115 (1) (b) (ii) of the Articles of Association (AoA) of India Infrastructure Finance Company (IIFCL), the Central Government has appointed Ajay Kumar Srivastava, Executive Director, Indian Overseas Bank, as Scheduled Commercial Bank (SCB) Nominee Director on the Board of IIFCL with immediate effect until further orders.

The above information is a part of company’s filings submitted to BSE.
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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