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IOB capital infusion

Indian Overseas Bank shares surge 3% on capital infusion of over Rs 4,500 crore by govt

Indian Overseas Bank shares surge 3% on capital infusion of over Rs 4,500 crore by govt

Wed, Mar 28, 2018

 IOB is one of the distressed banks with heavy gross non-performing assets (GNPA) in its balance sheet, which is why the bank suffers with massive losses currently.

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