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... by Team Small News | Mar 19, 2025 | Bank of Maharashtra, Banking, Indian Overseas Bank, Punjab National Bank, RBI
Indian Overseas Bank has received approval from its board to raise Rs 10,000 crores through the issuance of long-term infrastructure bonds. The funds will be used to finance and refinance infrastructure and affordable housing projects. This move is part of the...
by Team Small News | Mar 11, 2025 | Bank of Maharashtra, Banking, Canara Bank, Central Bank of India, IDBI Bank, Indian Overseas Bank, Nainital Bank, Punjab and Sind Bank, Punjab National Bank, State Bank of India, UCO Bank
Are you dreaming of owning your own home, but high loan rates are giving you sleepless nights? Worry no more! Many banks are currently offering home loans at very affordable interest rates and EMIs (Equated Monthly Installments). In this article, we’ll help you...