Indian Overseas Bank

Timelines
Bharat Bandh today against government's "anti-labor" policies: All details here

26 Nov 2020

Bharat Bandh today against government's "anti-labor" policies: All details here

More than 25 crore workers will participate in a strike today, called by 10 central unions, to raise a voice against the "anti-labor" policies of the government.

#BharatBandh: How banking services will get affected

08 Jan 2019

#BharatBandh: How banking services will get affected

With the two-day nationwide general strike having commenced, banking services across India could be affected as a significant chunk of government bank employees have joined in on the strike.

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

29 Sep 2018

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.

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

22 Sep 2018

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.

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

16 Jun 2018

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

27 May 2018

#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.

Is the net finally closing in around Nirav Modi?

23 May 2018

Is the net finally closing in around Nirav Modi?

The Enforcement Directorate has provisionally attached Rs. 170cr worth of assets belonging to Nirav Modi in connection with the Rs. 13,400cr PNB scam.

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

20 Apr 2018

#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.

How this Mumbai-based firm duped lenders of Rs. 4,000cr

19 Mar 2018

How this Mumbai-based firm duped lenders of Rs. 4,000cr

Investigators have taken action against businessmen accused of duping over 20 lenders of Rs. 4,000cr, reports TOI.

Man posing as engineer steals Rs. 18 lakh from ATM

07 Mar 2018

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

06 Mar 2018

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.

Rotomac's Vikram Kothari, son arrested for Rs. 3,695cr loan default

23 Feb 2018

Rotomac's Vikram Kothari, son arrested for Rs. 3,695cr loan default

The CBI has arrested Rotomac Chairman Vikram Kothari and his son Rahul for siphoning off bank loans worth Rs. 3,695 cr.

Rotomac chairman Vikram Kothari arrested for Rs. 800cr loan default

19 Feb 2018

Rotomac chairman Vikram Kothari arrested for Rs. 800cr loan default

Amid rumors that Vikram Kothari had fled the country after defaulting on loans worth Rs. 800cr, the Rotomac chairman has been arrested, reports say.

Every four hours, one Indian banker gets caught for fraud

18 Feb 2018

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.

No debit or credit card blocked, IRCTC clarifies

23 Sep 2017

No debit or credit card blocked, IRCTC clarifies

Hours after reports emerged that IRCTC had barred certain banks' debit cards on its platform, the organization has refuted all such reports.

Making online payment on IRCTC? Only some debit cards allowed

22 Sep 2017

Making online payment on IRCTC? Only some debit cards allowed

It was reported yesterday that IRCTC has disallowed many banks from using its payment gateway for debit cards.