Indian Overseas Bank (IOB) has received.....crore capital infusion from the government in the current fiscal.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Indian Overseas Bank (IOB) has received____crore capital infusion from the government in the current fiscal.

A	Rs 1177.07 crore
B	Rs 173.06 crore
C	Rs 1548.03 crore
D	Rs 453.05 crore

Explanation:

Detailed explanation-1: -NPA MANAGEMENT: Gross NPA as on December 31, 2022, stood at Rs 14.333 crore with a ratio of 8.19%, as against Rs 15, 426 crore with a ratio of 10.40% in 9MFY22.

Detailed explanation-2: -Shri Ajay Kumar Srivastava has been elevated as Managing Director and CEO of Indian Overseas Bank with effect from 1st January 2023 from his current posting as Executive Director since 9th October 2017.

Detailed explanation-3: -Indian Overseas Bank (IOB) is an Indian public sector bank based in Chennai. It has about 3, 214 domestic branches, about 4 foreign branches and representative office. Founded in February 1937 by M.

Detailed explanation-4: -Public sector Indian Overseas Bank (IOB) on Wednesday said Sanjay Mudaliar has joined the bank as its executive director with immediate effect.

There is 1 question to complete.