IOB set to raise 4,000 crore; Centre’s stake to fall
IOB set to raise 4,000 crore; Centre’s stake to fall
Indian Overseas Bank plans to raise Rs 4,000 crore via a qualified institutional placement in Q4 FY26. This significant fundraise, potentially the bank's largest in a decade, will further dilute the Union government's stake by an estimated 3% to 3.5%.
Indian Overseas Bank plans to raise Rs 4,000 crore via a qualified institutional placement in Q4 FY26. This significant fundraise, potentially the bank's largest in a decade, will further dilute the Union government's stake by an estimated 3% to 3.5%.
Indian Overseas Bank plans to raise Rs 4,000 crore via a qualified institutional placement in Q4 FY26. This significant fundraise, potentially the bank's largest in a decade, will further dilute the Union government's stake by an estimated 3% to 3.5%. 
