by Team Small News | May 15, 2025 | Bank of Baroda, Indian Bank, Indian Overseas Bank, State Bank of India
State-owned banks in India have seen a significant increase in gold loans during the fiscal year 2025, largely due to the rising prices of gold. The country’s largest public lender, State Bank of India (SBI), reported a 53% increase in personal gold loans,...
by Team Small News | May 12, 2025 | Indian Overseas Bank
The IOB Cybernova 2025 Hackathon Grand Finale, a premier innovation event focused on cybersecurity and authentication, has concluded with resounding success. The hackathon aimed to foster a safer digital future by encouraging participants to develop innovative...
by Team Small News | May 11, 2025 | Indian Overseas Bank
The Indian Overseas Bank (IOB) has announced a recruitment drive for the position of Local Bank Officers (LBO) under the Junior Management Grade Scale-I (JMGS-I) for the financial year 2025-26. This recruitment drive aims to fill vacancies in various states across... by Team Small News | Apr 26, 2025 | Indian Overseas Bank, RBI
The Reserve Bank of India (RBI) has imposed monetary fines on Indian Overseas Bank (IOB) and Mahindra and Mahindra Financial Services Limited for non-compliance with RBI directives. The fines amount to Rs 63.60 lakh for IOB and Rs 71.30 lakh for Mahindra and Mahindra... by Team Small News | Apr 15, 2025 | Canara Bank, Indian Bank, Indian Overseas Bank, RBI
In response to the Reserve Bank of India’s (RBI) 25 basis point reduction in the repo rate on April 9, several banks have begun to cut their lending rates, passing on the benefit to their borrowers. Indian Bank was the first to announce a reduction in its... by Team Small News | Apr 14, 2025 | Bank of Maharashtra, Indian Overseas Bank, RBI
The Bank of Maharashtra (BoM), a state-owned bank, has announced a reduction in its lending rate linked to the repo rate by 25 basis points. This move is in line with the Reserve Bank of India’s (RBI) recent decision to slash key interest rates by 25 basis...