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Indian Overseas Bank

PSU Banks' Highest FD Rates: SBI, BOI, Canara Bank and other banks 1-year FD rates; know which bank can give you highest maturity amount on Rs 20,00,000 investment

PSU Banks' Highest FD Rates: SBI, BOI, Canara Bank and other...

Tue, May 06, 2025

Fixed deposits (FDs) are a popular investment option for many investors because of their fixed return and safety features.

Indian Overseas Bank, CII Indian Green Building Council ink pact

Indian Overseas Bank, CII Indian Green Building Council ink pact

Sat, Mar 01, 2025

With green buildings being a key solution to combat environmental degradation and rising energy consumption, this collaboration would help create a positive change by encouraging widespread adoption of sustainable construction practices.

444-Day Special FDs: How much can you earn on Rs 2 lakh, Rs 4 lakh, and Rs 6 lakh investments with SBI, Indian Overseas Bank, and Federal Bank?

444-Day Special FDs: How much can you earn on Rs 2 lakh, Rs 4 lak...

Wed, Feb 19, 2025

444-Day Special FDs: Several leading banks, including State Bank of India (SBI), Indian Overseas Bank (IOB), and Federal Bank, have rolled out limited-period special FD schemes, offering bettern interest rates than standard FDs.

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Indian Overseas Bank Loans: Rs 5 cr amount in your account in less than 1 hour

Indian Overseas Bank Loans: Rs 5 cr amount in your account in les...

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

Modi 2.0 government hikes Indian Overseas Bank authorised capital...

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

Opening Bell: Sensex, Nifty trade tepid; MosChip Technologies, Ra...

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

Senior citizen? Get cheque book, do cash transactions, open bank...

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

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

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

SBI, HDFC, ICICI, Axis, PNB, BoB, other bank customers, follow t...

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

Indian Overseas Bank trims Q2 loss at Rs 487cr on lower provision...

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!

SBI, ICICI, Yes, BoB, IOB, Citi bank customers' account, cre...

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

This man managed to withdraw Rs 18 lakh from Indian Overseas Bank...

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

PNB+Indian Bank+IOB and Canara+Syndicate+UCO mergers next? What B...

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

IOB recruitment 2018: Application invited for 20 specialist bank...

Tue, Jul 24, 2018

IOB recruitment 2018: Indian Overseas Bank (IOB) has issued recruitment notifications for the post of Specialist Officers

Fixed Deposits, MSME borrowing becomes easier in Indian Overseas Bank; here's how

Fixed Deposits, MSME borrowing becomes easier in Indian Overseas...

Sat, Apr 07, 2018

This comes as a good news for customers, because when they invest their hard-earned money in FDs, which is the most traditional form of investment, they will earn a better interest rate in IOB.

Indian Overseas Bank shares surge 3% on capital infusion of over Rs 4,500 crore by govt

Indian Overseas Bank shares surge 3% on capital infusion of over...

Wed, Mar 28, 2018

IOB is one of the distressed banks with heavy gross non-performing assets (GNPA) in its balance sheet, which is why the bank suffers with massive losses currently.

RBI fines Axis for under-reporting NPAs, IOB for KYC lapse

RBI fines Axis for under-reporting NPAs, IOB for KYC lapse

Tue, Mar 06, 2018

The Rs 12,636 crore fraud at Punjab National Bank (PNB) is forcing Reserve Bank of India (RBI) to swing into action.

RBI cracks down against Axis Bank, Indian Overseas Bank, imposes hefty monetary penalty

RBI cracks down against Axis Bank, Indian Overseas Bank, imposes...

Mon, Mar 05, 2018

RBI has imposed a Rs 3 crore penalty on Axis Bank, while on Indian Overseas Bank faces Rs 2 crore fine.

RBI puts Bank of India under watch; initiates 'corrective action'

RBI puts Bank of India under watch; initiates 'corrective a...

Wed, Dec 20, 2017

In a filing to stock exchanges, BoI said Reserve Bank of India has placed it under Prompt Corrective Action Framework, consequent to the onsite inspection under the risk based supervision model carried out for the year ended March 2017.

Indian Overseas Bank goes live with Bharat Bill Payment system

Indian Overseas Bank goes live with Bharat Bill Payment system

Sat, Jul 29, 2017

BBPS is an integrated bill payment system that offers inter-operable online bill payments to customers.

IDBI to establish exclusive vertical for NPA recovery

IDBI to establish exclusive vertical for NPA recovery

Tue, Jun 13, 2017

Apart from creating this NPA recovery vertical, the bank management has formed a 'Credit Monitoring Group' to find out potential NPAs based on early warning signals, said Deputy Managing Director of IDBI Bank, G M Yadwadkar.

Prompt Corrective Action doesn't constraint bank's normal operations: RBI

Prompt Corrective Action doesn't constraint bank's norm...

Tue, Jun 06, 2017

The RBI today said its prompt corrective action (PCA), initiated in case of some public sector banks with high NPAs, is a supervision tool and does not constrain normal banking operations for the p

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