Indian Abroad Financial institution (IOB) has set 7 March, 2025 as document date for cost of coupon on Basel III Tier II Bonds (Collection IV & V). Additional, IOB introduced that the coupon funds for its Basel III Tier II Bonds Collection IV and V, providing coupon charges of 8.60% and 9.00%, respectively, will probably be processed in March 2025. The cost due date for Collection IV is about for 31 March, 2025; nevertheless, because it falls on a vacation (Id-Ul-Fitr) and 1 April, 2025 marks the annual closing of accounts, the coupon cost will as a substitute be made on 2 April, 2025. The coupon for Collection V will probably be paid by the financial institution on March 24, 2025.
IOB share value right now slumped 4.6%, the inventory opened at ₹45 apiece on the BSE. IOB share value touched an intraday low of ₹43.51, and an intraday excessive of ₹45.15 per share. In line with Rajesh Bhosale, Fairness Technical and By-product Analyst at Angel One, together with the broader markets, the inventory costs have seen sharp promote – off , breaking under its key help of 44. The following help is 40.
