Indian Overseas Bank: News

CBI issues non-bailable warrant against Mallya in loan default case

A special court in Mumbai has issued a non-bailable warrant (NBW) against businessman Vijay Mallya, in connection with a ₹180-crore loan default case linked to Indian Overseas Bank (IOB).

RBI imposes penalties on Citibank, BOB, and IOB: Here's why

The Reserve Bank of India (RBI) has slapped Citibank, Indian Overseas Bank (IOB), and Bank of Baroda (BOB), with penalties totaling Rs. 10.34 crore for violating banking regulations.

29 Sep 2018

Uttar Pradesh

UP bank manager held for removing Rs. 18L from ATM

A branch manager of the Indian Overseas Bank was arrested in connection with alleged theft of Rs. 18L from an ATM in Shamli, UP, police said today.

22 Sep 2018

Uttar Pradesh

UP: Man arrested for illegally withdrawing Rs. 18L from ATM

Uttar Pradesh Police said on Saturday that they have arrested a man for illegally withdrawing more than Rs. 18 lakh from an ATM in Shamli district with help from the bank manager.

16 Jun 2018

Vijay Mallya

Vijay Mallya ordered to pay £200,000 to Indian banks

Embattled liquor baron Vijay Mallya was asked to pay £200,000 (Rs. 1.81 crore) to Indian banks by a United Kingdom court.

#CareerBytes: Going to US for higher-studies? Here're best education-loan options

Many Indian students aspire to pursue higher studies, especially MS (Master of Science), in the US as it's home to many top universities.

20 Apr 2018

India

#FinancialBytes: Going to US for higher-studies? Here're best education-loan options

Many Indian students aspire to pursue higher studies, especially MS (Master of Science), in the US as it's home to many top universities.

07 Mar 2018

Uttar Pradesh

Man posing as engineer steals Rs. 18 lakh from ATM

Posing as an engineer, a man allegedly stole more than Rs. 18 lakh from an ATM of the Indian Overseas Bank in Uttar Pradesh's Shamli district.

RBI fines Axis Rs. 3cr, IOB Rs. 2cr for violations

The RBI has levied Rs. 3cr fine on Axis Bank and Rs. 2cr penalty on Indian Overseas Bank (IOB) for various violations.

18 Feb 2018

India

Every four hours, one Indian banker gets caught for fraud

An analysis of data compiled by the Reserve Bank of India (RBI) has revealed that on an average, at least one in India is caught and punished for fraud every four hours.