Showing results for "#IOB"
IOB hikes interest rates on term deposits up to 25 basis points
For senior citizens additional interest rate of 0.50% and for super senior citizens (aged 80 years and above) additional interest rate of 0.75% will...
IOB asks Union Bank to buy its stake in Malaysian bank
Indian Overseas Bank (IOB) has asked the Union Bank of India to buy its 35 per cent holding in India International Bank, Malaysia, a top IOB official...
IOB, Central Bank privatisation on the cards
Inching closer to privatisation of two public sector banks, a high-level panel of secretaries headed by Cabinet secretary is believed to have zeroed...
Indian Overseas Bank EGM in May to allot preferential shares to govt
Indian Overseas Bank on Monday said it has convened an extraordinary general meeting (EGM) next month to seek shareholders' approval for issuance of...
Moody's withdraws ratings of IOB, Central Bank of India
Global credit rating agency Moody's Investors Service on Tuesday said it has withdrawn the ratings, assessments and outlooks of the Indian Overseas...
IOB expects resolution of NPAs worth Rs 18,000 cr in 2nd half of FY21
Besides, the Chennai-based bank is hoping to come out of the prompt corrective action (PCA) framework of the Reserve Bank of India (RBI) next fiscal.
IOB manager in TN who said 'Hindi must for loan', transferred
The doctor, a senior citizen C. Balasubramanian also alleged that the Manager of the IOB had treated him and his engineer friend, who was accompanying...
Govt may not privatise PSBs in FY21 over low valuations, high NPAs:...
Four public sector banks are under the RBI’s Prompt Corrective Action framework, which puts many restrictions on them, including on lending,...