Page 2 Indian Overseas Bank: Latest News and Updates, Top Stories, Videos, Photos About Indian Overseas Bank

Indian Overseas Bank Hikes FD Rates On Select Tenors, New Rates Effective From 10 October

In a recent development, the Indian Overseas Bank (IOB) has hiked the interest rate on fixed deposits below 2 Crore. The new FD Interest rates will come into effect from October 10, 2022, according to the bank's official website. The bank ...

Indian Overseas Bank Q1 Net Profit Surges 20% Amid Decline In Bad Loans

State-owned Indian Overseas Bank (IOB) on Saturday posted a 20 per cent rise in net profit to Rs 392 crore for the first quarter of the current financial year, helped by a decline in bad loans. The Chennai-based lender had ...

CBI Searches Five Locations In Bank Fraud Case Against Delhi ompany

The CBI on Friday conducted searches at five locations in Delhi after registering an FIR against Delhi-based packaging company Rave Scans Pvt Ltd for allegedly defrauding a consortium of banks to the tune of Rs 69.33 crore, officials said Friday. {image-cbi-1651307315.jpeg ...

IOB, Central Bank Shares Gain Up To 9% As Centre On Course Of Its PSB Privatisation Plan

Shares of Indian Overseas Bank and Central Bank of India which are the centre's likely PSB candidates for privatisation spurted in trade by up to 9%. At day's high, share price of IOB scaled to a price of Rs. 17.4 per ...

Latest Indian Overseas Bank Fixed Deposit Interest Rate (W.e.f. 11.04.2022)

Indian Overseas Bank (IOB), one of the country's oldest major public sector banks, has dropped its interest rates on fixed deposits of less than Rs 2 crore across terms ranging from 7 days to 1 year. From today onwards, the new ...

Indian Overseas Bank Cuts Interest Rates On FDs of Less Than Rs. 2 Cr

Indian Overseas Bank (IOB), a public sector lender, has announced a 40 basis point interest rate drop on fixed deposits of less than Rs 2 crore. Fixed deposits maturing in 7 days to less than 1 year will be subject to ...

Indian Overseas Bank Revises Interest Rates On Savings Account: Check Details

The interest rates on saving deposits have been changed by the Indian Overseas Bank (IOB), a public sector lender. The bank announced this on March 10th, 2022, and as a result of the modification, savings account holders would now get a ...

Indian Overseas Bank Hikes Interest Rates On Long Term Deposits: Check Details

Indian Overseas Bank, a public sector lender, has hiked interest rates on long-term deposits. The modification has been done today, March 10, 2022. Following the modification, the bank increased the interest rate on deposits of less than Rs 2 crore with ...

Indian Overseas Bank Revises Interest Rates On Savings Bank Deposits

Indian Overseas Bank (IOB) a public sector lender has revised its interest rates on savings bank deposits. The new rates take effect on January 5, 2022, according to the bank's official website. Following the current modification, the bank is now giving ...

Nifty PSU Bank Outlier In Trade On Nov 24, 2021; IOB, Central Bank Gain Up To 18%

Nifty PSU Bank Outlier In Trade On Nov 24, 2021; IOB, Central Bank Gain Up To 18%Indian benchmark indices in early trade on November 24, 2021 are trading almost flat with a positive bias. Nifty at around 9:28 am trades higher ...

Govt Raises Authorised Capital Of Indian Overseas Bank

The Government of India increased the authorised capital of Indian Overseas Bank (IOB) by Rs 10,000 crore to Rs 25,000 crore. The public sector lender in a stock exchange filing on Friday said that the Central Government after consultation with the ...

Govt To Infuse Rs 4,360 Crore Into Indian Overseas Bank

On Friday, Indian Overseas Bank said that the government will be infusing Rs 4,360 into the public-sector lender for the current financial year to meet the regulatory requirement. "We wish to inform that the Bank has received vide letter doted 26.12.2019 ...

Indian Overseas Bank News