Indian Overseas Bank shares rally 5% on receiving Rs 1,359-crore income tax refund order
State-owned Indian Overseas Bank (IOB) shares climbed as much as 4.7% on Wednesday to Rs 59.50 on BSE after the bank said it has received an order confirming a refund of Rs 1,359.29 crore for the assessment year 2015-16, including interest under Section 244A. “As per the order dated 17.08.2024, the amount refundable to the … Read more