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indian overseas bank news
]Latest from indian overseas bank
IOB Apprentice Recruitment 2024: Last date today to apply for 550 posts
IOB Apprentice Recruitment 2024 registration ends today, September 10, 2024. The direct link to apply is given here.
Updated on Sep 10, 2024 02:06 PM IST
HT Education Desk | Edited by Papri Chanda
Indian Overseas Bank Apprentice Recruitment 2024: Apply for 550 posts at iob.in
Indian Overseas Bank will recruit candidates for Apprentice posts. Eligible candidates can apply at iob.in.
Published on Aug 31, 2024 02:03 PM IST
HT Education Desk | Edited by Papri Chanda
Fresh trouble for Vijay Mallya, CBI issues NBW in ₹180-crore loan default case
A special CBI court issued a non-bailable warrant against fugitive businessman Vijay Mallya in the India Overseas Bank loan case.
Updated on Jul 02, 2024 10:50 AM IST
IOB Q3 results: Profit jumps 30% to ₹723 crore on improvement in core income
IOB Q3 profit saw a spike of 30 percent, standing at ₹723 crore after improvement in core income.
Published on Jan 24, 2024 06:23 PM IST
PTI |
RBI penalises ₹10.34 crore on Citibank, BoB, IOB for non-compliance
Indian Overseas Bank was slapped with a ₹1 crore fine for contravention of directions concerning loans and advances.
Published on Nov 24, 2023 06:35 PM IST
PTI |
Indian Overseas Bank SO Recruitment 2023: Apply for 66 posts at iob.in, link here
Indian Overseas Bank will recruit candidates for Specialist Officer posts. Eligible candidates can apply at iob.in.
Published on Nov 10, 2023 12:08 PM IST
HT Education Desk, New Delhi
Chandigarh: Charges framed against 49 in ₹300-crore bank fraud case
As per case files, the main accused, Ashu Mehra, former assistant manager, IOB, Chandigarh main branch, had fraudulently issued letters of undertaking through SWIFT messages that resulted in liability to the tune of ₹299 crore that IOB is yet to pay to Punjab National Bank, Dubai, and Bank of Baroda, Bahamas
Updated on Nov 04, 2023 07:04 AM IST
HT Correspondent, Chandigarh
Chandigarh: Charges framed against nine accused
The case was registered by CBI on the basis of a written complaint in September 2019 by Jagannadan Ganesan, chief regional manager of Indian Overseas Bank (IOB), Regional Office, Chandigarh
Updated on Oct 13, 2023 09:40 AM IST
Tanbir Dhaliwal, Chandigarh
Ex-bank official gets 1-year jail term in credit fraud case
Former deputy general manager of Indian Overseas Bank has been sentenced to one year imprisonment for abuse of official position and imposing credit facilities worth INR 5 crore ($680,000) to an export firm, leading to a monetary loss to the public exchequer.
Updated on Apr 08, 2023 12:09 AM IST
Doubtful recovery of ₹11.9 crore: Private company given undue benefit by Jammu and Kashmir Bank, reveals CAG report
CAG in its report said the Jammu and Kashmir Bank in December 2012 took over (Decfrom Indian Overseas Bank (IOB) the credit facilities of ₹ 11.50 crore favouring M/s Ace Engineering Infratech Private Ltd (Company) and enhanced (December 2012) the same to ₹14 crore.
Updated on Apr 04, 2023 10:55 PM IST
Mir Ehsan, Srinagar
Indian Overseas Bank Recruitment 2022: Apply for 25 Manager posts at iob.in
Indian Overseas Bank Recruitment 2022: Apply for 25 Specialist Officers till November 30.
Published on Nov 11, 2022 01:38 PM IST
Indian Overseas Bank, Central Bank shares hit record high
Indian Overseas Bank and Central Bank of India might see 51 per cent sale in the first phase of disinvestment, a report said.
Published on Jun 22, 2021 11:10 AM IST
hindustantimes.com | Written by Meenakshi Ray, New Delhi
Shares of Central Bank of India, Indian Overseas Bank zoom 20%
Central Bank of India, Indian Overseas Bank, Bank of Maharashtra and Bank of India are some of the names that may be considered for privatisation.
Published on Jun 21, 2021 03:26 PM IST
hindustantimes.com | Written by Meenakshi Ray, New Delhi
DHFL case: Auditor flags fraudulent transactions worth Rs 17,394 cr
The administrator of Dewan Housing Finance Corporation Limited (DHFL), appointed under the Insolvency and Bankruptcy Code (IBC), obtained assistance from Grant Thornton to conduct investigation into the affairs of the mortgage firm.
Updated on Sep 03, 2020 10:14 AM IST
Mumbai | Press Trust of India | Posted by: Shankhyaneel Sarkar
Sale of Daewoo’s land sparks hope for banks
Daewoo Motors India had an estimated debt of more than Rs3,500 crore when ICICI Bank took it to the debt recovery tribunal in 2002. A process to sell the land assets was last initiated in 2019.
Updated on Aug 17, 2020 05:38 AM IST
Mint, Mumbai/New Delhi | Shayan Ghosh and Malyaban Ghosh
Citing Covid disruptions, Moody’s cuts ratings of SBI, HDFC Bank
SBI and HDFC Bank are among 11 Indian banks covered under Moody’s latest rating action. The others are Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Export-Import Bank of India (EXIM India), Indian Overseas Bank, IndusInd Bank, Punjab National Bank and Union Bank of India.
Published on Jun 03, 2020 04:14 AM IST
Hindustan Times, Mumbai | Anirudh Laskar
Banks launch special emergency loans for customers amid Covid-19 crisis
Covid-19: Public sector banks with about 80 per cent of banking operation have taken steps to ensure the safety of its staff and uninterrupted banking services to customers.
Updated on Mar 26, 2020 07:09 AM IST
New Delhi | Press Trust of India
Due to governance concerns, RBI supersedes board of DHFL
The announcement comes after the government last week empowered the RBI to refer stressed NBFCs and HFCs having assets worth of at least Rs 500 crore to insolvency court.
Updated on Nov 20, 2019 07:09 PM IST
Mumbai | Press Trust of India
Eight PSU banks fined by RBI for violating regulatory norms
The eight banks were penalised ₹1 crore to ₹2 crore for violating norms .
Published on Aug 03, 2019 03:22 PM IST
Mumbai (Maharashtra) | Asian News International
Banker nabs robber, foils air-pistol heist in north-west Delhi
The alleged robbery began around 3.45pm on Saturday, when customers had left and about a dozen bank staffers were present in the premises on the Outer Ring Road, according to deputy commissioner of police (Rohini), SD Mishra.
Updated on Mar 05, 2019 08:42 AM IST
Hindustan Times, New Delhi | Shiv Sunny
RBI should be allowed to take the PCA mechanism to its logical end
Prompt Corrective Action (PCA) ensures that future non-performing assets (NPAs) are not being created
Published on Oct 22, 2018 01:23 PM IST
Hindustan Times | HT Correspondent
Rupinder Pal Singh - A success story on and off the hockey field
Rupinder Pal Singh has said that the Indian men’s hockey team are eager to defend their gold medal in the upcoming Asian Games 2018 in Jakarta.
Updated on Jul 24, 2018 11:25 PM IST
Hindustan Times, Chandigarh | Saurabh Duggal
Bad loan situation likely to worsen further, says RBI
Referring to the 11 state-owned banks under prompt corrective action framework (PCA), the RBI said they may experience worsening of their GNPA ratio from 21% in March 2018 to 22.3% by this fiscal-end.
Published on Jun 26, 2018 06:22 PM IST
Press Trust of India, Mumbai | Press Trust of India