Category: Indian Overseas Bank

IREDA ropes in Indian Overseas Bank for co-lending to green projects

New Delhi, Jan 18 (IANS) The Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with the Indian Overseas Bank for co-lending and loan syndication in financing renewable energy projects across the nation, the Ministry for New and Renewable Energy announced on Thursday. Advertising AdvertisingThe partnership aims to streamline loan syndication and underwriting processes, management of trust and retention account (TRA) for IREDA borrowers, and work towards fixed interest rates over a 3 to 4-year period for IREDA borrowings.IREDA chairman Pradip Kumar Das on Thursday said: “This strategic partnership marks a…
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Source: https://m.sakshipost.com/amp/news/ireda-ropes-indian-overseas-bank-co-lending-green-projects-266076

Bank transactions and balance check

With the evolving economy, It has nowadays become a daily thing to transact money. From buying groceries to investing a large sum of money, people prefer to transfer money online because it’s convenient and quick. Even if you want to check the balance in your bank account, you can do it with just a few clicks on your phone. Almost everyone has a mobile banking app on their device or access to an Internet banking portal. We can easily check our balance by getting a mini statement. In this article, we will pick up two banks: Indian Overseas Bank & Kotak Mahindra Bank to discuss how we can check our balance and make transactions.
What is a mini statement?
A mini-statement is a short…
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Source: https://businessnewsthisweek.com/business/bank-transactions-and-balance-check/

IREDA, Indian Overseas Bank ink pact to co-finance renewable energy projects, ET EnergyWorld

New Delhi: State-owned IREDA on Tuesday announced a partnership with Indian Overseas Bank (IOB) to co-finance renewable energy projects in India. The agreement was signed in the presence of IREDA CMD Pradip Kumar Das and IOB MD and CEO Ajay Kumar Srivastava in the national capital, a statement said. Indian Renewable Energy Development Agency (IREDA) and Indian Overseas Bank have joined hands by signing a memorandum of understanding (MoU). The agreement sets the stage for co-lending and loan syndication for a diverse spectrum of renewable energy projects across the nation, it added. The IREDA CMD said, “By combining our strengths and…
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Source: https://energy.economictimes.indiatimes.com/news/renewable/ireda-indian-overseas-bank-ink-pact-to-co-finance-renewable-energy-projects/106913420?utm_source=latest_news&utm_medium=homepage

ireda share price: Multibagger! IREDA shares climb 5% on signing green power co-finance deal with Indian Overseas Bank

Shares of the state-owned Indian Renewable Energy Development Agency (IREDA) climbed 5% to Rs 125.5 in Wednesday’s trade on BSE after the firm announced a partnership with Indian Overseas Bank (IOB) to co-finance renewable energy projects in India.”Indian Renewable Energy Development Agency and Indian Overseas Bank have joined hands by signing a memorandum of understanding (MoU). The agreement sets the stage for co-lending and loan syndication for a diverse spectrum of renewable energy projects across the nation,” the company said in an exchange filing.On the development, Pradip Kumar Das, IREDA CMD said, “By combining our strengths and resources, we aim to provide robust financial…
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Source: https://m.economictimes.com/markets/stocks/news/multibagger-ireda-shares-climb-5-on-signing-green-power-co-finance-deal-with-indian-overseas-bank/amp_articleshow/106920405.cms

Indian Overseas Bank’s Stock Plunges in Trading Today

17 Jan 2024, 02:41:01 PM ISTIndian Overseas Bank share price Today :Indian Overseas Bank trading at ₹43.49, down -2.25% from yesterday’s ₹44.49 The current stock price of Indian Overseas Bank is ₹43.49. There has been a percentage change of -2.25, indicating a decrease in the stock price. The net change is -1, implying a decrease of ₹1 in the stock price.
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Source: https://mintgenie.livemint.com/amp/news/markets/indian-overseas-bank-share-price-live-blog-for-17-jan-2024-151705459481244

IREDA, IOB ink pact

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Source: https://xperttimes.com/ireda-iob-ink-pact/

IOB announces recruitment for 66 Specialist Officer posts, check pay scale

The Indian Overseas Bank (IOB) has released a notification for Specialist Officer posts. Interested and eligible candidates can submit their applications online through the official IOB website at iob.in. The registration process commenced on November 6 and is scheduled to conclude on November 19, 2023.IOB Recruitment DetailsTotal Vacancy: 66 posts Manager: 59 posts Senior Manager: 5 posts Chief Manager: 2 posts Educational QualificationTo be eligible to apply, candidates must have full time Bachelor’s degree from recognised University/Institute.Age LimitThe age limit differs for each post, refer to the official notification for specific…
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Source: https://odishatv.in/news/jobs/iob-announces-recruitment-for-66-specialist-officer-posts-check-pay-scale-220005

Indian Overseas Bank and Indian Institute of Banking & Finance Join Forces for Enhanced Compliance Education – India Education Diary

Indian Overseas Bank and Indian Institute of Banking & Finance Join Forces for Enhanced Compliance Education  India Education Diary
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Source: ”
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IREDA, Indian Overseas Bank ink pact to co-finance renewable energy projects

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State-owned IREDA on Tuesday announced a partnership with Indian Overseas Bank (IOB) to co-finance renewable energy projects in India.
The agreement was signed in the presence of IREDA CMD Pradip Kumar Das and IOB MD and CEO Ajay Kumar Srivastava in the national capital, a statement said.

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Indian Renewable Energy Development Agency (IREDA) and Indian Overseas Bank have joined hands by signing a memorandum of understanding (MoU). The agreement sets the stage for…
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Source: https://www.moneycontrol.com/news/business/ireda-indian-overseas-bank-ink-pact-to-co-finance-renewable-energy-projects-12062471.html/amp