Search For "overseas bank"
RBI appoints advisory panel to assist administrator of DHFL
Updated : 6 years, 3 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, 5 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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RBI imposes penalty on United Overseas Bank Limited
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 3 (ANI): Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on United Overseas Bank Limited (UOB) for its failure to comply with the provisions of Section 10B of the Banking Regulation Act, 1949.
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I don't have an overseas bank account : P Chidambaram in CBI Court
Updated : 6 years, 6 months ago IST
New Delhi (India), Aug 22 (ANI): Rejecting CBI charge that he was not cooperating, former Finance Minister P Chidambaram told the special CBI court here on Thursday that he had told CBI that he has no overseas bank account while his son Karti has an account abroad.
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IOB lowers net loss to Rs 342 crore in Q1
Updated : 6 years, 7 months ago IST
Chennai (Tamil Nadu) [India], July 23 (ANI): The government-owned Indian Overseas Bank (IOB) on Tuesday reported a net loss of Rs 342 crore during the April to June quarter of current fiscal versus a loss of Rs 919 crore in Q1 of FY19.
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IOB to sell non-core assets for raising Rs 900 crore in FY 19
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Government-owned Indian Overseas Bank has identified 32 assets for sale, including prime properties in Singapore and Hong Kong, to raise about Rs 900 crore in the current financial year 2019-20.
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Indian Overseas Bank reduces interest rate on loans by 5 bps
Updated : 6 years, 11 months ago IST
Chennai (Tamil Nadu) [India], Apr 9 (ANI): Taking a cue from recent policy measures announced by Reserve Bank of India (RBI), Indian Overseas Bank reduced its interest rate on loans by 5 basis points for periods of one year and above.
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Rs. 45 lakh looted from bank in Odisha
Updated : 7 years, 8 months ago IST
Rourkela (Odisha) [India], June 19 (ANI): Seven unidentified miscreants looted Rs. 45 lakh from Indian Overseas Bank in Rourkela on Tuesday morning.
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Monkey snatches Rs. 2 lakh cash bag from man
Updated : 7 years, 9 months ago IST
Agra (Uttar Pradesh) [India] May 30(ANI): A monkey on Wednesday snatched a bag full of two lakh rupees from a father and daughter at the entrance of Indian Overseas Bank at Dhankaran intersection in Navi's mandi in Agra.
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IOB inks information utility pact with NeSL
Updated : 7 years, 10 months ago IST
Chennai (Tamil Nadu) [India], Apr. 21 (ANI): Indian Overseas Bank (IOB), one of the leading public sector banks, on Friday entered into an agreement for information utility services with the National E-Governance Services Limited (NeSL).
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Indian Overseas Bank launches IoT-based customer service app
Updated : 7 years, 11 months ago IST
Chennai (Tamil Nadu) [India], Apr. 07 (ANI): Leading public sector bank, Indian Overseas Bank (IOB) as part of their 'Customer First' initiative launched Internet of Things (IoT)-based customer feedback application on a pilot basis at its Cathedral branch here.
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RBI imposes Rs 5 cr penalty on Airtel Payments Bank
Updated : 8 years ago IST
New Delhi [India], Mar. 10 (ANI): The Reserve Bank of India (RBI) imposed a penalty of Rs. 5 crore on Airtel Payments Bank, the financial services arm of Bharti Airtel Limited, for violating operating guidelines and Know Your Customer (KYC) norms.
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