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Indian Overseas Bank News
Indian Overseas Bank
Lockdown in India: SBI, Indian Overseas Bank, Bank of Maharashtra cut lending rates
Fri, May 08, 2020
Lockdown in India: In the wake of COVID-19 lockdown in India hitting people's monthly budget to a larger extent, State Bank of India (SBI), Indian Overseas Bank (IOB) and Bank of Maharashtra have cut down their lending rates.
Indian Overseas Bank launches new loan scheme - Check eligibility, know how to apply
Mon, Apr 27, 2020
To help people tide over the challenges inflicted by COVID-19 lockdown, Indian Overseas Bank has launched a special scheme.
PM-Cares Fund: Modi government nominates this bank for collecting donations
Sun, Apr 05, 2020
The contributions can be made by RTGS, NEFT, IMPS, cheques and demand drafts drawn in favour of PM-Cares Fund.
Indian Overseas Bank to seek PCA withdrawal after posting net profit: CEO
Tue, Feb 18, 2020
"We may fall short slightly on CRAR including the counter cyclical buffer. After we hopefully make profits in this quarter capital adequacy ratio will be comfortable. We don`t need growth capital also since our plans are not very aggressive immediately. If at all we need, we will go for Tier 1 or Tier 2 capital from market", the CEO said.
Capital infusion: Big Rs 8,655 crore shot in arm for these three banks - All you need to know
Sat, Dec 28, 2019
Three PSU Banks -- Allahabad Bank, Indian Overseas Bank and UCO Bank - have got Rs 8,655 crore fresh capital infusion from the government.
Indian Overseas Bank Q2 results: IOB's Gross NPAs reduce by 2.53 pct, 15.43% YoY credit growth in housing loan
Mon, Nov 04, 2019
The Indian Overseas Bank has reported a 2.53% reduction in its Gross NPAs and 15.43 per cent YoY credit growth in housing loans in the September quarter of 2019.
IOB Loans: Indian Overseas Bank links retail loans with RLLR; Mudra loan, Housing loan, MSME loan becomes cheaper
Tue, Oct 01, 2019
IOB Loans: Chennai based Public Sector Bank Indian Overseas Bank (IOB), has linked Repo Linked Lending Rate (RLLR) to its loans to be sanctioned under the Retail segment.
Indian Overseas Bank to offer repo linked rate for new loans
Tue, Sep 17, 2019
Chennai-based public sector bank Indian Overseas Bank has decided to offer Repo Linked Lending Rate (RLLR) for the new loans sanctioned under retail segment (housing, Vehicle, Education and Clean loans) and micro & small enterprises.
Indian Overseas Bank Loans: Rs 5 cr amount in your account in less than 1 hour
Wed, Aug 14, 2019
Indian Overseas Bank (IOB) has offered various retail loan products on www.psbloansin59minutes.com, an online portal for sanction of MSME loans. The 59-minute loan scheme was launched last year for the benefit of MSME.
Modi 2.0 government hikes Indian Overseas Bank authorised capital by Rs 5,000 crore
Tue, Jul 30, 2019
The Central Government, after consultation with Reserve Bank of India, has increased the authorised capital of the Bank by Rs 5,000 crore from Rs 10,000 crore to Rs 15,000 crore through Gazette Notification.
Opening Bell: Sensex, Nifty trade tepid; MosChip Technologies, Ramco Systems, Indian Overseas Bank stocks gain
Wed, Jul 03, 2019
The BSE Sensex went down 66 points to 39,750 while the 50-stock Nifty slipped 17 points to 11,892 levels. The index Bank Nifty went down 6 points to 31,276 levels.
Senior citizen? Get cheque book, do cash transactions, open bank account sitting at home - SBI, to IOB, check details
Tue, May 28, 2019
Now a new trend has emerged between banks, and it is good news for senior citizens at home. Some of the banks have started the doorstep banking services for its customers like cash pickup, instrument pickup and delivery of cash and demand drafts.
Indian Overseas Bank eyes to raise Rs 850 cr in FY19-20
Mon, May 06, 2019
"The Bank has already initiated the process for sales of 26 properties, valued at about Rs 775 crore, and is engaging various stakeholders for expediting sale and to derive maximum value in the process," it said.
State-run banks jump after government announces fund infusion
Thu, Feb 21, 2019
Corporation Bank Ltd will receive 90.86 billion rupees, sending its shares nearly 20 percent higher in its biggest daily percentage gain since October 2017 .
SBI, HDFC, ICICI, Axis, PNB, BoB, other bank customers, follow these mobile banking safety tips
Mon, Oct 29, 2018
Mobile, Internet banking safety tips: Mobile and internet banking frauds are often reported in media. In fact, a report said a few days ago that the account and credit card details of thousands of customers of seven banks may be at risk.
Indian Overseas Bank trims Q2 loss at Rs 487cr on lower provisions
Fri, Oct 26, 2018
State-owned Indian Overseas Bank (IOB) Friday reported narrowing of its net loss to Rs 487.26 crore in the second quarter ended September 2018 on lower provisioning.
SBI, ICICI, Yes, BoB, IOB, Citi bank customers' account, credit card details may be at risk!
Wed, Oct 24, 2018
Account and credit card details of thousands of customers of seven banks may be at risk, if a report by an IT security firm is to be believed.
This man managed to withdraw Rs 18 lakh from Indian Overseas Bank ATM! Here's what happened next
Sat, Sep 22, 2018
How much money you can withdraw from an ATM? All banks have limits on the maximum amount one can withdraw from their accounts.
PNB+Indian Bank+IOB and Canara+Syndicate+UCO mergers next? What BoB, Vijaya, Dena bank merger says
Tue, Sep 18, 2018
Centre will merge these banks next? As per this BoB, Vijaya, Dena Bank merger ''formula'', the answer is in the affirmative. The likely targets? PNB, Indian Bank, IOB; Canara, Syndicate, UCO
IOB recruitment 2018: Application invited for 20 specialist bank officers
Tue, Jul 24, 2018
IOB recruitment 2018: Indian Overseas Bank (IOB) has issued recruitment notifications for the post of Specialist Officers