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Indian Overseas Bank to raise up to Rs 5,000 crore in FY27

Posted on June 13, 2026
By Financial Express
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1 min read

Indian Overseas Bank to raise up to Rs 5,000 crore in FY27

Public sector lender Indian Overseas Bank (IOB) plans to raise up to ₹5,000 crore in equity capital during FY27 through multiple modes, including QIPs and rights issues, subject to approval at its upcoming 26th AGM.