<p class="title">Indian Overseas Bank on Friday said the government has increased its authorised capital by Rs 10,000 crore to Rs 25,000 crore.</p>.<p class="bodytext">The Centre after consultation with the Reserve Bank of India has increased the authorised capital of the bank from Rs 15,000 crore to Rs Rs 25,000 crore, it said in a regulatory filing.</p>.<p class="bodytext">Shares of the bank were trading at Rs 11.30 apiece on the BSE.</p>
<p class="title">Indian Overseas Bank on Friday said the government has increased its authorised capital by Rs 10,000 crore to Rs 25,000 crore.</p>.<p class="bodytext">The Centre after consultation with the Reserve Bank of India has increased the authorised capital of the bank from Rs 15,000 crore to Rs Rs 25,000 crore, it said in a regulatory filing.</p>.<p class="bodytext">Shares of the bank were trading at Rs 11.30 apiece on the BSE.</p>