RBI imposes monetary penalty on Indian Overseas Bank

Jun 24, 2022

Mumbai (Maharashtra) [India], June 24 : The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 57.50...

RBI removes Indian Overseas Bank from PCA framework

Sep 29, 2021

New Delhi [India], September 29 : The Reserve Bank of India (RBI) on Wednesday removed Indian Overseas Bank from its prompt corrective action (PCA)...

HDFC Bank, ICICI Bank, Axis Bank allowed to provide financial services for defence procurement

Jul 07, 2022

New Delhi [India], July 7 : The government of India has allowed three private sector lenders - HDFC Bank, ICICI Bank and Axis Bank...

Indian Overseas Bank profit jumps 33 pc in second quarter

Nov 07, 2022

The Chennai-headquartered lender said its total income grew by 15 per cent on a year-on-year basis, to Rs 5,852.45 crore, against Rs 5,090.72 crore...

SI-UK to offer Education Loans to Indian Students for Overseas Study

Mar 01, 2024

New Delhi [India], March 1: HDFC Bank and ICICI Bank have joined forces with SI-UK, an international education services provider, to support Indian students...

Partha Pratim Sengupta appointed new MD, CEO of Indian Overseas Bank

Jul 25, 2020

Chennai (Tamil Nadu) [India], July 25 : Partha Pratim Sengupta, Deputy Managing Director and Chief Credit Officer at State Bank of India, has been...