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A complete health insurance package with added features by Universal Sompo
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], July 2 (ANI/PNN): As part of its efforts to enhance the social security net through retail health products, Universal Sompo General Insurance Company Ltd has launched a Complete Healthcare Insurance plan with added features for individual consumers. The product
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RBI imposes monetary penalty on Indian Overseas Bank
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 24 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 57.50 lakh on Indian Overseas Bank for non-compliance with certain directions of the central bank.
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Mumbai Police book BJP leader Mohit Kamboj in fraud case
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 1 (ANI): Economic Offences Wing (EOW) of Mumbai Police on Wednesday registered a case of fraud against Bharatiya Janata Party (BJP) leader Mohit Kamboj following a complaint by the manager of Indian Overseas Bank.
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RBI removes Indian Overseas Bank from PCA framework
Updated : 4 years, 9 months ago IST
New Delhi [India], September 29 (ANI): The Reserve Bank of India (RBI) on Wednesday removed Indian Overseas Bank from its prompt corrective action (PCA) framework, subject to certain conditions and continuous monitoring.
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IOB clocks Q4 net profit at Rs 350 crore
Updated : 5 years ago IST
Chennai (Tamil Nadu) [India], June 14 (ANI): Government-owned Indian Overseas Bank (IOB) on Monday reported a net profit of Rs 350 crore in the quarter ended March as against Rs 144 crore in the year-ago period.
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Equities trade higher, Nifty PSU up 2.6 pc on privatisation buzz
Updated : 5 years, 4 months ago IST
Mumbai (Maharashtra) [India], February 16 (ANI): Equity benchmark indices continued with positive momentum during early hours on Tuesday tracking strong global cues with investors hoping for a quick economic recovery.
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CBI books 6 former IOB officials, others for misappropriation of funds
Updated : 5 years, 5 months ago IST
New Delhi [India], January 29 (ANI): The Central Bureau of Investigation (CBI) has registered a case against six former officials of the Indian Overseas Bank, Vijayawada and Guntur and unknown persons and public servants alleging misappropriation of depositor's money.
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Around Rs 56 lakhs looted from bank in Agra; accused absconding
Updated : 5 years, 6 months ago IST
Agra (Uttar Pradesh) [India], December 16 (ANI): Four people looted nearly Rs 56 lakhs from a branch of Indian Overseas Bank at Rohta in Agra on Tuesday, police said.
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IOB posts Q1 net profit of Rs 121 crore
Updated : 5 years, 10 months ago IST
Chennai (Tamil Nadu) [India], August 20 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday posted a net profit of Rs 121 crore in April to June quarter as against a net loss of Rs 342 crore for the corresponding period of last fiscal year.
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Partha Pratim Sengupta appointed new MD, CEO of Indian Overseas Bank
Updated : 5 years, 11 months ago IST
Chennai (Tamil Nadu) [India], July 25 (ANI): Partha Pratim Sengupta, Deputy Managing Director and Chief Credit Officer at State Bank of India, has been appointed as the new Managing Director and Chief Executive Officer of Indian Overseas Bank.
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RBI appoints advisory panel to assist administrator of DHFL
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Nov 22 (ANI): The Reserve Bank of India (RBI) on Friday appointed a three-member advisory committee to assist R Subramaniakumar, the former Managing Director and CEO of Indian Overseas Bank who recently took over the administrator for Dewan Housing Finance Corpo
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IOB reduces lending rates for retail segment from Nov 1
Updated : 6 years, 9 months ago IST
Chennai (Tamil Nadu) [India], Oct 10 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday announced a reduction in its interest rate for the retail segment (housing, vehicle, education and clean loans) as well as micro and small enterprises by 25 basis points.
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