Indian Overseas Bank Insider ownership
What is the Insider ownership of Indian Overseas Bank?
The Insider ownership of Indian Overseas Bank is 95.84%
What is the definition of Insider ownership?
Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.
A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.
A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.
Insider ownership of companies in the Finance sector on BSE compared to Indian Overseas Bank
What does Indian Overseas Bank do?
Indian Overseas Bank provides various banking products and services. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers saving bank and current accounts, term deposits, retail loans, debit and credit cards, NRI accounts, agricultural and rural banking products, MSME loans, and merchant banking services. The company operates through 3270 branches and 3032 ATMs in India. It also operates through branches located in Singapore, Hong Kong, Bangkok, and Sri Lanka. Indian Overseas Bank was founded in 1937 and is based in Chennai, India.
Companies with insider ownership similar to Indian Overseas Bank
- Imperial Pacific International has Insider ownership of 95.71%
- Liberty TripAdvisor has Insider ownership of 95.72%
- Genkyotex SA has Insider ownership of 95.75%
- Eurofins-Cerep SA has Insider ownership of 95.78%
- Quattro Plus Real Estate has Insider ownership of 95.78%
- thedocyard has Insider ownership of 95.82%
- Indian Overseas Bank has Insider ownership of 95.84%
- La Societe Industrielle et Financiere de l'Artois has Insider ownership of 95.85%
- Musee Grevin SA has Insider ownership of 95.88%
- Symbol Mining has Insider ownership of 95.98%
- Visiodent S.A has Insider ownership of 96.02%
- XPO Logistics Europe SA has Insider ownership of 96.08%
- Genesys Industries has Insider ownership of 96.09%