by Team Small News | Apr 13, 2025 | Bank of Baroda, Indian Overseas Bank, RBI
Indian Overseas Bank (IOB) has announced a 25 basis points reduction in its Repo Linked Lending Rate (RLLR), effective immediately. The new rate stands at 8.85%, down from 9.10%. This move comes after the Reserve Bank of India’s (RBI) Monetary Policy Committee... by Team Small News | Apr 13, 2025 | Indian Overseas Bank, RBI
The Indian Overseas Bank has announced a reduction in its repo-linked lending rate by 25 basis points, effective immediately. The bank made this announcement on Saturday following a decision by the Reserve Bank of India (RBI) to cut the policy repo rate from 6.25% to... by Team Small News | Apr 11, 2025 | Banking, Indian Overseas Bank, RBI
Indian Overseas Bank (IOB) has announced a reduction in its External Benchmark Lending Rate (EBLR) by 25 basis points, effective April 12, 2025. This decision comes in response to the Reserve Bank of India’s (RBI) Monetary Policy Committee’s (MPC)...
by Team Small News | Apr 8, 2025 | Axis bank, Banking, Central Bank of India, HDFC Bank, ICICI Bank, Indian Overseas Bank, Punjab National Bank, RBI, Union Bank of India
The Reserve Bank of India (RBI) is set to announce its first monetary policy for the financial year 2025-26 on April 9, with markets and economists expecting a repo rate reduction of at least 25 basis points. This could lead to a decrease in home loan interest rates,...
by Team Small News | Mar 28, 2025 | Banking, Indian Overseas Bank
The Association of Retired Indian Overseas Bank Employees (ARISE) held a special meeting at the IOB Balajipeta branch in Rajahmundry on Thursday. The meeting was organized by retired chief manager Ganji Venkateswara Rao, and retired assistant general manager (AGM)...
by Team Small News | Mar 23, 2025 | Banking, Indian Overseas Bank
IL&FS Engineering and Construction Company Limited (IL&FS Engineering) has received a show cause notice from Indian Overseas Bank, citing alleged discrepancies in the company’s accounts. The notice is reportedly in connection with a loan facility of...